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Old December 4th, 2017, 10:38 AM
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Join Date: May 2011
Default Re: Hindustan Petroleum Australia

Hindustan Petroleum subsidiary to buy stake in two gas fields in Australia for A$ 85 Million.

HPCL has signed an agreement with AWE Australia to pick up equity stakes valued at A$ 85 million in 2 gas blocks in Australia.

The gas fields are located in Bass basin between mainland Australia and Tasmania offshore Victoria.

Australia has considerable petroleum and natural gas reserves, including shale gas reserves which offers potential for development.

For more Details, contact to:
Australian Trade and Investment Commission
Australian Consulate-General
Express Chambers, Express Avenue Mall
No.49, 50L, Whites Road, Royapettah,
Chennai – 600014, Tamil Nadu
Tel: +91 44 4391 3200
Email: ind@austrade.gov.au
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