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    APA Group Interested in Gas Pipelines of LNG Ventures

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Summary

APA Group, Australia’s largest natural gas infrastructure business, has said that it is interested in buying pipelines infrastructure of large gas export ventures.

by: Shardul

Posted in:

Asia/Oceania

APA Group Interested in Gas Pipelines of LNG Ventures

APA Group, Australia’s largest natural gas infrastructure business, has said that it is interested in buying pipelines infrastructure of large gas export ventures, Adelaide Now has reported.

"Absolutely we're interested," Adelaide Now quoted him as saying on the sidelines of a conference in Sydney.

BG Group and Origin Energy have said they're considering selling some project infrastructure such as pipelines to boost capital.

McCormack said the ventures may be particularly interested in selling the core pipelines running from gas fields in Queensland’s Surat Basin to the port of Gladstone on the coast, Adelaide Now reported. He added that any deals would be more straightforward once the pipelines had been built over the next year or so.