Swiss bank bets on LNG

Written by  John McKay
Friday, 06 November 2015
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Nov 6 (LNGJ) - Australian company Origin Energy, a shareholder in the Australia Pacific LNG project with ConocoPhillips and China's Sinopoc, said Swiss investment bank UBS has become a substantial shareholder. The Swiss bank bought almost 75 million shares in the LNG project upstream supplier, giving it more than 5 percent of voting rights, Origin told the Australian Stock Exchange.

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