LNG Limited has signed a preliminary deal with PetroChina’s Australian investment subsidiary to work together on sourcing gas for its LNG export project in Gladstone.
Under the letter of intent, PetroChina International Investment (Australia) has agreed to consider acquiring permit interests or gas positions in Queensland which could be used to supply the liquefaction plant planned for Fisherman’s Landing.
The outfit will also look to enter into gas supply agreements with parties which already own gas assets.
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