ACCC clears Ironbark sale

The Australian Competition and Consumer Commission (ACCC) this week said that it would not oppose the A$231-million sales agreement between Australia Pacific liquefied natural gas (APLNG) and ASX-listed Origin.

The two parties in February struck an agreement under which APLNG, in which Origin holds a 37.5% interest, would acquire the iron-bark coal seam gas project, in Queensland.