This sort of news makes me a very happy monkey, bought mel today...

This sort of news makes me a very happy monkey, bought mel today as I see a very bright future for our industry. I also feel good things will happen for esg in the not so distant. mb

Origin's $20b LNG project gets approval
July 28, 2011 - 11:49AM

AAP

Origin Energy has approved the first phase of its $20 billion two-train liquefied natural gas (LNG) project in Queensland.

Origin announced on Thursday that a final investment decision had been made on the coal seam gas to liquefied natural gas joint venture project with ConocoPhillips at Gladstone.

The first phase will include $US14 billion ($A12.75 billion) to complete the first LNG train for a sales agreement for 4.3 million tonnes a year to be sold to China's Sinopec Corp.
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It was the largest single LNG sales agreement by annual volume to be signed in Australia, Origin said in a statement.

? 2011 AAP