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AGL warns of upstream impairments

Australian company AGL expects to book an after-tax asset impairment of about A$435 million (US$326.6 million) and revealed plans to sell off under-performing and non-core assets following a review of its upstream gas business.

Write-downs: AGL has reviewed the valuation of its Gloucester gas project in New South Wales
Write-downs: AGL has reviewed the valuation of its Gloucester gas project in New South Wales
Published 6 July 2015, 01:50Updated 17 October 2016, 13:11
Asia & Oceania