26 August 2025
26 August 2025
The estimated resources range from 0.1 to 1.1mscm.
The long-term agreements span 20 years with options for extension.
The company will supply 600,000tpa of LNG to Macquarie's Commodities and Global Markets business under the agreement.
The approval enables the company’s subsidiaries to continue their operations and bolster Medco’s focus on the region.
This strategic move is aimed at enhancing the utilisation of the PM3 CAA PSC infrastructure.
The company is set to acquire all issued and outstanding common shares of MEG for $27.25 per share.
The extension will allow the XRG Consortium to advance the execution of the scheme implementation agreement (SIA).
The contract is scheduled to last for one thermal year, ending on 1 October 2026.
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