Multi-Billion Dollar Australian LNG Asset Shuffle Possible After U.S. Oil Takeover

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Multi-Billion Dollar Australian LNG Asset Shuffle Possible After U.S. Oil Takeover
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A bidding war for Anadarko Petroleum could trigger an asset shuffle in the Australian LNG industry

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The logo for Anadarko Petroleum Corp. appears above a trading post on the floor of the New York Stock Exchange, Friday, April 12, 2019. AP Photo/Richard Drew: ASSOCIATED PRESS Because the Australian assets in held in joint venture structures their sale is not straight forward with existing partners in each joint venture have the right to match or beat an outside bid.

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