The $30 billion bid for Santos by the Abu Dhabi National Oil Company has a long way to run.
But it's a big offer for an Australian company, and one that suggests gas has a major role to play in the long-term energy market.
Nik Burns, Head of Energy Research at Jarden, takes Sean Aylmer through ADNOC's bid, and what it all means for the global oil and gas market.
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