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(Updates with details, background)
March 17 (Reuters) - Exxon Mobil Corp's Australian unit said on Thursday it will invest more in its Gippsland Basin Kipper field to deliver additional gas, in a move targeted at easing potential supply shortage of domestic natural gas.
Esso Australia will invest an estimated A$400 million ($291.48 million) in the Southeast Australia-based basin to extract an additional 200 petajoules (PJ) of gas over the coming five years, the top U.S. oil producer said https...
>>> Read more: UPDATE 1-Exxon unit to invest $291 mln to expand gas extraction in southern Australia
March 17 (Reuters) - Exxon Mobil Corp's Australian unit said on Thursday it will invest more in its Gippsland Basin Kipper field to deliver additional gas, in a move targeted at easing potential supply shortage of domestic natural gas.
Esso Australia will invest an estimated A$400 million ($291.48 million) in the Southeast Australia-based basin to extract an additional 200 petajoules (PJ) of gas over the coming five years, the top U.S. oil producer said https...
>>> Read more: UPDATE 1-Exxon unit to invest $291 mln to expand gas extraction in southern Australia
