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APA Apace Media

0.875
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Apace Media LSE:APA London Ordinary Share GB00B0PCZJ47 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.875 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Woodside Speaking To Apache, Kufpec About Gas For Pluto 2

21/05/2009 1:38am

Dow Jones News


Apace Media (LSE:APA)
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Woodside Petroleum Ltd. (WPL.AU) Thursday said it has entered negotiations with Apache Corp. (APA) and Kuwait Foreign Petroleum Exploration Company, or Kufpec, to buy gas for a possible expansion of its Pluto liquefied natural gas project.

Woodside said it has signed a non-binding letter with the two parties "setting out key principles to facilitate negotiation on a non-exclusive basis" for the possible sale of gas from the Apache-operated Julimar and Brunello fields to support a second LNG train at Pluto.

Perth-based Woodside was responding to recent reports quoting Apache as saying it expects to sell gas to Woodside for Pluto-2.

"As previously advised, Woodside continues to discuss Pluto Train 2 options with a number of parties in the Carnarvon Basin," Woodside said in a statement.

By Ross Kelly, Dow Jones Newswires; 61-2-8235-2957; ross.kelly@dowjones.com

 
 

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