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Reuters: Conoco to pay up to $8 billion for Origin venture

Started by chris, September 08, 2008, 10:00:25 AM

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chris

Conoco to pay up to $8 billion for Origin venture
      


PERTH (Reuters) - Origin Energy Ltd , fending off an $11 billion hostile bid from Britain's BG Group Plc , has partnered U.S. major ConocoPhillips  to help develop its coal seam gas through a liquefied natural gas (LNG) project.
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