27 April 2024
PetroChina buys Queensland CBM assets for A$43.4 million
Publication date: 01 August 2012
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PetroChina has agreed to buy Molopo Energy’s share of coal bed methane assets in Queensland’s Bowen Basin for A$43.4 million (US$45.7 million), the Australian company announced on Wednesday. Japan's Mitsui will continue to hold a 33% share in the permit areas.