Cooper Energy is in exclusive discussions to sell its Orbost gas processing plant in Victoria to Australian gas infrastructure leader APA Group. These negotiations follow Cooper’s buyout of partner Santos at the 250 Tcf Sole offshore gas project in the Gippsland Basin including the Orbost plant, which closed in January. Under a heads of agreement signed in late February, APA would pay an amount reflecting Cooper’s expenditures to date to acquire the Orbost plant......
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