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Santos, Beach Energy approve Moomba Central Optimisation project

March 9 (Reuters) - Australia's Santos STO.AX said on Monday that it and its joint venture partner Beach Energy BPT.AX had decided to proceed with the Moomba Central Optimisation project in the Cooper Basin in South Australia.

Santos added it would invest about $357 million in the project, which is planned to be delivered over three years.

 (Reporting by Roshan Thomas in Bengaluru; Editing by Edmund Klamann)

 ((Roshan.Thomas@thomsonreuters.com;))

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