After seven months of due diligence, in late January AAG terminated a “definitive bid”, said Stephen Zou Xiangdong, its chairman, it had submitted in late August last year on a proposed acquisition from a US-based oil major. Photo: Edmond So

Coal seam gas major AAG Energy continues its hunt for acquisitions

Its specialised teams are scouring China and Southeast Asia, particularly focusing on those projects potentially linked to Beijing’s the ‘Belt and Road Initiative’

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After seven months of due diligence, in late January AAG terminated a “definitive bid”, said Stephen Zou Xiangdong, its chairman, it had submitted in late August last year on a proposed acquisition from a US-based oil major. Photo: Edmond So
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