Deal insight
CNOOC to acquire stake in QCLNC from BG for US$1.93 billion
Report summary
+ Please refer to the PDF download for complete analysisBG has negotiated an HOA for the sale of a 20% stake in its QC LNG asset in Australia to CNOOC for US$1.93 million and a long term 5 mmtpa supply contract from BG to CNOOC starting in 2015. Under our base case scenario, we value an incremental 20% stake in the QCLNG project at US$1.71 billion (NPV10, as of 1 January 2012). However our valuation suggests CNOOC may have paid a premium given that BG has retained ownership of the export ...
What's included
This report contains
Table of contents
- Executive summary
- Oil & gas pricing and assumptions
Tables and charts
This report includes 1 images and tables including:
Tables
- Oil & gas pricing and assumptions: Table 1
You may be interested in
Company report
Repsol corporate - reported results analysis
Company report
Rosneft corporate - reported results analysis
Company report
Santos corporate report
Questions about this report?
-
Europe:+44 131 243 4699
-
Americas:+1 713 470 1900
-
Asia Pacific:+61 2 8224 8898