Tuesday 27 September 2011

Australian gas firm Arrow has Bow Energy in sights

Australian coal seam gas company Arrow Energy intends to buy up Bow Energy for A$535million (£340m). Arrow, which counts Shell and Petrochina as its major shareholders, wants to use the purchase to expand an existing LNG project up from the 4 million tonnes per year currently planned.

Other gas stories:

Shale can be a success, as long as it is safe

E.ON’s Euro gas plans boosted with new LNG hub

Is the UK sitting on gas gold?