APA Group (ASX:APA), Australia’s largest natural gas infrastructure business, notes today’s announcement from gas producer Eastern Star Gas on the progress of its arrangements for the export of LNG.
APA Managing Director, Mick McCormack said "We are pleased to be building on our relationship with Eastern Star Gas for the future transportation of their coal seam gas tomarkets. In addition, we look forward to expanding our relationship with Marubeni Corporation in relation to ESG’s proposed LNG Newcastle Project."
The use of APA’s existing New South Wales pipeline infrastructure combined with new infrastructure will provide timely and costeffective delivery of indigenous New South Wales gas for this new market.