Thursday, 22 December 2022 04:51
Korea’s POSCO suspends A$1Bln investment in Queensland gas and LNG hub over Government cap plan
Senex Energy, a leading coal-seam gas company controlled by South Korea’s POSCO International in the onshore Surat Basin of Queensland and which is part of the Gladstone LNG upstream supply chain, said it would have to suspend its A$1 billion (US$670 million) investment plan because of the Australian government gas price cap and market interference.
Published in
Latest News
