$RDS.A - Royal Dutch Shell's (RDS.A, RDS.B) proposed tie-up with BG Group (OTCQX:BRGXF, OTCQX:BRGYY) secured clearance yesterday from one of two Australian regulators but still requires approval from China, but Reuters reports that Chinese regulators are pressing the company to sweeten long-term gas supply contracts, which could cast new doubt on the near-term benefits of the deal.
Will this potentially hold up this deal and if they agree will it create a ripple affect for gas prices globally??
Purely My Own Opinion. Do Your Own Due Diligence.
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