DataRoom AM: APA’s pipeline triumph

APA Group will likely tap investors to help fund its offer for BG Group’s Queensland gas pipeline, while Woodside edges closer to buying a string of assets held by Apache Energy.

After a drawn-out auction process it appears that APA Group has won the day in the fight for BG Group’s Queensland pipeline. But what will it pay for the privilege of ownership?

Elsewhere, Woodside Petroleum makes a gas and oil play at what it hopes is the bottom of the cycle, Santos faces capital raising pressure, Bradken edges closer to its suitors and more big names are linked to the NSW power privatisation program.

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