(EnergyAsia, June 18, Wednesday) — Anglo Dutch major Shell has agreed to buy a stake in the coal seam gas (CSG) or coalbed methane (CBM) projects of Australia’s Arrow Energy, which is aspiring to become Asia’s leading CSG player. Arrow Energy CEO Nick Davies said Shell Exploration Company B.V. (Shell), a subsidiary of Royal Dutch…
AUSTRALIA: Shell to pay up to A$776 million for stake in Arrow’s coal seam gas projects
Posted on June 17, 2008 by EnergyAsia