Thai PTT not bidding for Shell's Australian petrol stations, official says

Thu, 09 Jan - 2:11pm

BANGKOK, Jan 9 (Reuters) - A senior official from Thailand's top energy firm, PTT Pcl PTT.BK , denied a media report on Thursday that the company was bidding for Royal Dutch Shell's

RDSa.L Australian service stations.

"We are not getting involved in the deal. We are doing nothing," the official, who declined to be identified, told Reuters.

The Australian Financial Review reported state-controlled PTT was among three consortia bidding for Shell's Australian petrol stations in a A$3 billion ($2.67 billion) auction.

News Search ID:nL3N0KI449

Private equity firm TPG is bidding with Ontario Teachers' Pension Plan and the Kuwait Investment Authority, the newspaper reported, while Macquarie Group MQG.AX was bidding with PTT, it said, and oil trader Vitol VITOLV.UL was working with the Abu Dhabi Investment Council.

(Reporting by Khettiya Jittapong and Pisit Changplayngam; Editing by Alan Raybould)

((khettiya.jittapong@thomsonreuters.com)(66 2 648 9728)(Reuters Messaging: khettiya.jittapong.thomsonreuters.com@reuters.net))

Keywords: PTT SHELL/AUSTRALIA

URN: 
urn:newsml:reuters.com:20140109:nL3N0KJ197:3
Topics: 
GB TH INVM CMPNY ENR DEAL1 RTRS EUROPE ENER OILG AU FINS EUROP FUND COM PROD EMRG ASIA PVE BISV LEN MRG REFI INVS BACT WEU ASEAN NRG

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