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Friday, Sep 20
BHP, Apache start $1.5B Macedon gas project in Australia
- BHP Billiton (BHP -1%) and minority partner Apache (APA -0.2%) say they have started their $1.5B Macedon natural gas project in western Australia.
- The development began operating last month and has production capacity of 200 terajoules/day.
- APA says it plans to invest ~$1.9B overall in Australia this year, including the Coniston and Balnaves oil projects and the Julimar development.