Sept 13 (LNGJ) - PetroChina International Investment received confirmation from the Australian Foreign Investment Review Board that it has no objection to the Chinese company's takeover of Molopo Energy Ltd's coal-seam gas assets. The significance of the transaction is for Australian LNG developer, LNG Ltd, because PetroChina intends to deliver Molopo's equity gas to LNG Ltd's planned 3 million tonne per annum Fisherman's Landing LNG project, one of five centred around the Port of Gladstone.
Gladstone LNG project boosted
Written by John McKay
Thursday, 13 September 2012
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