Rinehart-backed joint venture pledges $1bn gas expansion but hurdles remain
Senex Energy says extra fuel will be for domestic use but plans are yet to secure state or federal environmental approvals
Gas producer Senex, which is jointly owned by South Korea’s steel giant Posco and Australian billionaire Gina Rinehart, has planned a more than $1bn expansion to its Queensland gasfields with the bulk of the extra fuel apparently to be earmarked for domestic use.
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