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AGL finds buyers for its North Queensland gas assets

Integrated energy company AGL Energy will divest of its North Queensland gas assets to a consortium of Chinese and Australian companies.

ASX-listed AGL said on Friday that its 50% interest in each of the Moranbah gas project joint ventures (JVs) and the North Queensland Energy JV, as well as its participation rights in a Bowen basin exploration licence, will be sold to Shandong Order Gas and Orient Energy.