Australia's Beach Energy to buy gas assets from Origin for $1.25b

Australia's Beach Energy to buy gas assets from Origin for $1.25b

Photo: Reuters

Australia’s Beach Energy has agreed to buy gas assets from Origin Energy Ltd for $1.25 billion in a deal that will more than double the oil and gas producer’s output and step up its exposure to a tight energy market in eastern Australia.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter