sell off their equally owned North Queensland Gas Pipeline (NQGP) to Victorian Funds Management Corporation (VFMC) for a total of A$205 million. (US$1=A$1.02). AGL and Arrow said they will retain ownership of the gas processing and compression facility located at Moranbah, which will be integrated into their Moranbah gas project joint venture. They will continue…
AUSTRALIA: AGL-Arrow joint venture sells North Queensland Gas Pipeline for A$205 million
Posted on July 20, 2008 by EnergyAsia