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Origin transfers Ironbark CSG to Conoco-led LNG JV

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Australia’s Origin Energy struck a $165 million (A$231 million) deal to sell its Ironbark coal seam gas project in Queensland’s Surat Basin to the Australia Pacific LNG JV, in which it holds a 37.5% stake. ConocoPhillips remains operator of the liquefaction plant near Gladstone with 37.5% WI, while China’s Sinopec holds the remaining 25% WI. Origin will continue to manage the development of Ironbark per its role as APLNG’s upstream operator. Because of its stake in APLNG, Origin is effectively......
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