Australian regulatory body approves EIG unit’s acquisition of Origin Energy that will see Saudi entry to LNG
Tuesday, 10 October 2023
The Australian regulatory and competition watchdog has waved through the A$18.7 billion (US$11.9Bln) buyout of Origin Energy by a North American consortium and with a resultant side-deal also giving Saudi Aramco access for the first time to the liquefied natural gas sector.
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Tagged under
- Saudi Aramco
- Saudi LNG stake
- Australian Competition and Consumer Commission
- ACCC approval
- Origin Energy
- Brookfield LP
- Queensland Curtis LNG
- QCLNG
- Australian LNG market
- Australian renewables
- Darwin LNG
- Gorgon LNG
- Ichthys LNG
- Tokyo Gas LNG asset sale
- Pluto LNG stake
- Saudi investment in Australian LNG
- JKM gas
- Australian energy regulation
