Origin sells Queensland pipeline to Chinese-controlled Jemena
( May 19, 2017, 03:31 GMT | Official Statement) -- MLex Summary: Origin Energy has agreed to sell its Darling Downs gas pipeline in Queensland, Australia, for A$392 million ($291 million) to Jemena Gas Pipelines Holdings. As part of the agreement, Origin has secured gas transportation services on the pipeline network for periods ranging from 10 to around 30 years. Jemena is backed by the State Grid Corp of China and Singapore Power, according to media reports. The company's statement follows:...
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