Petronas buys 40% stake in Santos LNG project State-owned Petronas' investment in the project, which plans to use coal seam gas as feedstock, follows a $12 billion takeover bid last month by Britain's BG Group Plc for Australia's Origin Energy Ltd, and is considered a vote of confidence for Asia's young coal seam gas industry. Santos shares, which have surged 51 per cent so far this year, jumped 15 per cent to a record A$21.75 yesterday before settling at A$21.08, up 11.1 per cent. "As for Santos, on first glance it looks like they've got an excellent deal," said Aiden Bradley, an oil and gas analyst at ABN Amro in Sydney.
Reuters
Published: May 30, 2008, 00:04
Perth: Malaysian state oil company Petro-nas will buy a 40 per cent stake in Australian energy firm Santos Ltd's Gladstone liquefied natural gas project for up to $2.51 billion, to bolster its position as Asia's largest LNG producer as competition heats up.
Siapa saya?
- manusia ganjil ikan yu
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1 comments :
September 10, 2008 at 10:06 PM
tumpang lalu moderator.
please la bagi komen kat lagu aku. tq.
http://www.youtube.com/diamondcruise
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