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APA Group pays $5bn for BG Group’s QCLNG pipeline

By:  
Creamer Media Senior Deputy Editor: Australasia
 
NATURAL GAS
ASX-listed gas infrastructure giant APA Group has purchased the Queensland Curtis liquefied natural gas (QCLNG) pipeline from the BG Group for $5-billion. The QCLNG project would deliver about 8.5-million tonnes a year of capacity, with the Phase 1 project budgeted at $20.4-billion. First LNG shipments were scheduled for this month.
 
 
 
 
 

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