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Abu Dhabi quit an offer of $ 30 billion planned for Santos

A Consortium based on Abu Dhabi withdrew the offer to take over $ 30 billion in the Australian oil and gas manufacturer Santos.

The consortium, led by the investment company XRG, a tool for Abu Dhabi National Oil Company, accused the “combination of factors için for heart change.

He said that there was a comprehensive assessment, but he decided not to continue after the necessary determination, and “affect the consortium’s assessment of the indicator proposal”.

XRG said:

The consortium has been prepared to make new long -term commitments to Australian energy production, which will provide significant benefits to local gas consumers and increase regional energy security.

As a strategic long -term investor, XRG is dedicated to monitoring opportunities in gas and LNG, chemicals and energy solutions and has a rich and deep pipeline for investment opportunities.

Santos, based in Adelaide, has activities in Australia, Eastern Timor, Papua New Guinea and the United States, and is a large supplier of liquefied natural gas in Australia and Asia.

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