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Acquisition of BG Group to Boost Shell's LNG Standing in Australia

Acquisition of BG Group to Boost Shell

PERTH, AUSTRALIA--April 27, 2015--Researched by Industrial Info Resources Australia (Perth, Australia)--Royal Dutch Shell (NYSE:RDS.A) (The Hague, Netherlands) plans to acquire BG Group plc (LSE:BG) (London, England) for about $70.1 billion. The sale is expected to be finalized in early 2016. The acquisition affects BG Group's Australian business, including the newly operational Queensland Curtis Liquefied Natural Gas (QCLNG) production plant and all associated upstream, midstream and downstream operations.

Within this article: Impact of acquisition of BG Group plc by Shell on Australia liquefied natural gas projects.

Other companies featured: PetroChina (NYSE:PTR)

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