Market Chatter: Alcoa to Provide Up to $30 Million in Funding for Western Gas Project Offshore Western Australia

MT Newswires Live

09/09

Alcoa (ASX:AAI) and Western Gas signed a deal for funding of up to $30 million to help develop Western Gas' Equus gas project in the North West Shelf region offshore Western Australia, the Australian Financial Review said in a Tuesday report.

The funds will cover project development costs through to a final investment decision, and another deal gives Alcoa the exclusive right to buy 50 terajoules of gas per day over 10 years.

Western Gas is expected to launch an initial public offering on the ASX in the year ahead, per the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2566927668","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566927668","pubTimestamp":1757392288,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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