Tuesday 16 June 2009

Hastings Diversified Utilities Fund: Further expansion of the South West Queensland pipeline

Hastings announcement:

Epic Energy secures conditional agreement with Origin Energy to underpin further expansion of the South West Queensland Pipeline and QSN Link

Hastings Funds Management Limited (Hastings) as Responsible Entity for HDF today advised that Epic Energy (“Epic”) has signed a conditional long term Gas Transmission Agreement (“GTA”) with Origin Energy (“Origin”) to underpin the proposed Stage 3 expansion of the South West Queensland Pipeline (“SWQP”) and QSN Link (which would incorporate the capacity to be provided under the Stage 2 expansion). The overall agreement includes a conditional long term GTA on Epic’s Moomba to Adelaide Pipeline (“MAPS”)...

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