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Shell: Arrow inks deal for Australia's natural gas industry.

(CercleFinance.com) - Arrow Energy, a 50/50 joint venture between Shell and PetroChina, has sealed one of the largest gas supply deals on Australia's east coast.

Under a 27-year deal with the QCLNG joint venture operated by Shell, the company will bring to market its gas reserves from the Surat Basin, located in southern Queensland.

Collaboration will be based on the use of Shell's infrastructure, such as gas compression, processing and transmission infrastructure, as well as water transport and treatment facilities.

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