Tag: QCLNG Pipeline

BG Group agrees to sell QCLNG Pipeline for USD 5B

BG Group announced that it has agreed to sell its wholly owned subsidiary QCLNG Pipeline to APA Group, Australian gas infrastructure business, for approximately USD 5.0B.QCLNG Pipeline owns a 543km large-diameter underground pipeline network linking BG Group's natural gas fields in southern Queensland to a two-train liquefied natural gas (LNG) export facility at Gladstone on Australia's east coast.