LNGL emerges as WestSide bidder

摘要

Would-be gas exporter LNG Ltd has emerged as the suitor of Queensland CSG independent Westside Corporation. In February, Westside announced it had been informally approached with a 65 cent per share conditional offer by an un-named party which has been revealed to be LNG Limited which is seeking gas for its 1.5-3 million tonne per annum Fisherman's Wharf LNG project. Work stopped at Fisherman's Wharf when Arrow Energy terminated a gas deal following the Shell/PetroChina takeover, leaving LNGL scrambling to find gas ever since.