will sto steel esg while no one is watching? , page-18

acecant

That's an interesting suggestion. Another posibility of course particularly after the joint Shell/Petrochina bid for AOE is that perhaps Santos and Petronas will pair up to bid for ESG and secure all the gas they need for GLNG (piped or swapped). They are fast running out of places to get that gas. And that would help STO to get ESG given their funding constraints. Hope it doesn't happen until ESG are finished appraising their leases and including all 3 coal seams in reserves and resources.

I hope there's another bidder for AOE .. BG comes to mind!

H