Might be more to worry about than Mitsui
Arrow LNG has held discussions with both Santos Ltd and Origin Energy Ltd regarding a potential consolidation of Queensland LNG ventures, The Australian Financial Review reports.
According to the newspaper, the revelations have fuelled speculation Arrow owners Shell and PetroChina are set to scrap plans for a $20 billion standalone LNG plant.
The chief executives of Santos and Origin both confirmed their involvement in discussions with Arrow yesterday.
"I am sure they are talking to everybody and sensibly they would," Origin boss Grant King said in Sydney, the AFR reports.
"It is a matter for Arrow at the end of the day. Yes, they are talking to us but I am sure everybody is talking to them."
Shell has previously expressed a desire to develop Arrow gas more economically, after proclaiming it was in "go slow" mode new Australian LNG on account of high costs.
http://www.businessspectator.com.au/news/2013/5/2/resources-and-energy/santos-origin-frame-arrow-merger-gains-momentum
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