Gas deals with Asia total $120bil

Posted on 10/09/2009  

Prime Minister Kevin Rudd says Australia has secured three deals worth $70 billion to export gas to Asia. He says the Gorgon gas project will export three million tonnes of LNG to Japan and South Korea over the next 25 years - in addition to the $50 billion deal with China announced previously. Buyers include Osaka Gas, Tokyo Gas and GS Caltex of South Korea.

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