LNG

Australian regulators said they would not oppose the A$13 billion (US$9.8 billion) acquisition of natural gas pipeline company APA Group by the CK Consortium of Hong Kong after the Chinese company agreed to sell-off some assets in Western Australia.

Australian pipeline company APA Group that controls key connections across the country and to LNG export plants has updated shareholders on the A$13 billion (US$9.8 billion) takeover offer it received in June from a Chinese consortium.