The development, Western Australia’s fourth domestic gas hub, began operating last month and has production capacity of 200 terajoules a day, Houston-based Apache said in an e-mailed statement. Melbourne-based BHP owns 71.4 percent of Macedon, while Apache owns the rest.
Apache plans to invest about $1.9 billion in Australia this year, including the Coniston and Balnaves oil projects and the Julimar development, the company said.
To contact the reporter on this story: James Paton in Sydney at firstname.lastname@example.org
To contact the editor responsible for this story: Jason Rogers at email@example.com