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.
South Korean steel-maker POSCO seeks LNG security with US$600M bid for Australian feed-gas supplier Senex
Australian coal-seam gas producer Senex Energy said it had received an A$815 million (US$605M) takeover proposal from POSCO International Corp., the South Korea industrial company, seeking to secure LNG imports.
Shell to line up more LNG for China with investment go-ahead for Queensland feed-gas project
Royal Dutch Shell’s Australian joint venture Arrow Energy has taken a final investment decision to develop the first phase of Arrow’s Surat Gas project in the state of Queensland to line up more LNG exports for China.
Origin Energy sale of Ironbark gas project to Australia Pacific LNG approved by regulators
Australia Pacific LNG’s acquisition of the Ironbark coal-seam gas project in Queensland from Origin Energy has been approved by the country’s regulators who do not see the deal affecting East Coast domestic natural gas supply.
Origin Energy sells Ironbark feed-gas to APLNG and partners Sinopec and ConocoPhillips
Origin Energy, a stakeholder in the Australia Pacific LNG plant with ConocoPhillips and China’s Sinopec, said it agreed to sell its Ironbark gas project in Queensland to the APLNG project to provide additional feed-gas.
