Wednesday, February 29, 2012

Fed: Aust signs biggest ever resource deal with China


AAP General News (Australia)
08-18-2009
Fed: Aust signs biggest ever resource deal with China

Australia's secured its biggest ever resources deal .. by signing a 50 billion dollar
agreement to supply liquefied natural gas to China.

The gas will come from the Gorgon development off the West Australian coast .. and
comes a week after $25 billion deal to supply gas to India .. also from Gorgon.

It'll be the biggest single investment ever made in Australia .. breaking the record
set only a few years ago by the 12 billion dollar Pluto LNG project now under construction
in Western Australia.

AAP RTV kms/wf

KEYWORD: GAS (CANBERRA)

2009 AAP Information Services Pty Limited (AAP) or its Licensors.

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