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 […]

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By Vicky Ellis

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.

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