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BRIEF-Australian Pipeline signs new gas transportation agreement

Published 24/07/2015, 10:03 am
© Reuters.  BRIEF-Australian Pipeline signs new gas transportation agreement
APA
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July 24 (Reuters) - Australian Pipeline Ltd APA.AX :

* Apa signs new gas transportation agreement APA.AX

* New multi-service gas transportation agreement will support further capacity expansion of the Victoria - New South Wales interconnect

* Says total cost of the expansion is expected to be approximately $85 million

* Project works have commenced and construction is expected to be completed by the middle of calendar year 2016

* New agreement provides for delivery of gas sourced from Victoria to gas market in eastern Australian and is for a term of seven years

* Source text for Eikon ID:nASX18MHTN

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