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Possible APA move on ethane pipeline

The Australian Financial Review has reported APA is eyeing off the 1,375 km, 219 mm diameter pipeline, which supplies ethane from Cooper Basin gas fields in South Australia to the Qenos Botany plant, after a significant drop in share price for the fund.

APA Group is Australia’s largest natural gas infrastructure business, owning and/or operating in excess of $A12 billion of energy assets, along with equity interests in the Ethane Pipeline Income Fund.

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