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APA GROUP — Capital/Financing Update 2015
May 21, 2015
64398_rns_2015-05-21_8bd5bdc5-789c-4fba-affb-7c0c58c3702c.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
22 May 2015
APA Group (ASX: APA)
(also for release to APT Pipelines Limited (ASX: AQH))
QCLNG project reaches commercial completion
APA Group (ASX:APA), Australia’s largest natural gas infrastructure business, notes the announcement made today by BG Group with respect to the commencement of commercial operations of the Queensland Curtis LNG (QCLNG) plant and satisfaction of all conditions precedent to financial close of the QCLNG Pipeline acquisition, which is now expected to occur during the week commencing 1 June 2015 under the Sale and Purchase Agreement with BG Group.
APA intends to make a further announcement following financial close of the transaction.
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Mark Knapman Company Secretary Australian Pipeline Limited
For further information please contact:
Investor enquiries: Media enquiries: Yoko Kosugi David Symons Telephone: (02) 9693 0049 Telephone: (02) 8306 4244 Mob: 0438 010 332 Mob: 0410 559 184 Email: [email protected] Email: [email protected]
About APA Group (APA)
APA is Australia’s largest natural gas infrastructure business, owning and/or operating in excess of $12 billion of energy infrastructure assets. Its gas transmission pipelines span every state and territory on mainland Australia, delivering approximately half of the nation’s gas usage. APA has direct management and operational control over its assets and the majority of its investments. APA also holds minority interests in a number of energy infrastructure enterprises including SEA Gas Pipeline, Energy Infrastructure Investments and GDI.
APT Pipelines Limited is a wholly owned subsidiary of Australian Pipeline Trust and is the borrowing entity of APA Group.
For more information visit APA’s website, www.apa.com.au