BEIJING (AFX-ASIA) – CNOOC’s A$1 billion deal to take a substantial equity stake in the Gorgon liquefied natural gas (LNG) project off Western Australia has very little downside for the energy firm, and beneficial synergy with US energy interests in the region, analysts told AFX-Asia. (US$1=A$1.45). “The purchase price is very attractive, and there is…

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