The Australia Pacific project will extract natural gas from coal seams in the northeastern part of the country.
China's Sinopec has agreed to purchase a portion of the gas for 20 years. Japan's Kansai Electric has also agreed to purchase some of the gas.
Oil production in Iraq surpassed 3 million barrels a day in July, putting it ahead of longtime rival Iran.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.26%||4.48%|
|15 yr fixed||3.30%||3.31%|
|30 yr refi||4.25%||4.45%|
|15 yr refi||3.29%||3.34%|
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