SOURCE: Industrial Info Resources

Industrial Info Resources

December 01, 2010 05:20 ET

Beach Energy and Itochu Identify Potential Sites for 1 Million-Ton LNG Facility in South Australia, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - December 1, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The memorandum of understanding between Beach Energy Limited (ASX:BPT) (Adelaide, Australia) and Itochu Corporation (TYO:8001) (Osaka, Japan) to develop a liquefied natural gas (LNG) facility and offloading terminal in South Australia is progressing after the joint venture companies announced that they have identified potential sites for the complex.

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