JERA, a subsidiary of Tokyo Electric Power Group and Chubu Electric Power Group, has secured the 12.5 per cent sale in the Barossa project from Santos. The sale saw Santos receive $US327 million (over $462 million) in cash proceeds. The project’s participants now include Santos (50 per cent), SK E&S (37.5 per cent) and JERA (12.5 per cent). Located in the Bonaparte …
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