SYDNEY -- The nearly $19 billion offer by a Middle Eastern-led consortium to buy Australia's Santos faces a risk of being blocked by the government over concerns about a leading energy company falling into foreign hands.
Business deals
Bid for Australia's Santos risks government veto over energy security
UAE-led $19bn offer fuels concern about losing gas to exports amid shortages
Santos' Barossa project in northern Australia is slated to begin producing gas in 2025. (Santos)
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