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On 6 October 2022 Abu Dhabi National Energy Company PJSC (‘TAQA‘) had announced that it had entered into agreement with Waldorf Energy Netherlands for the sale of its upstream oil and gas business in the Netherlands.
TAQA confirms that as Completion did not occur in accordance with its terms, it has terminated the agreement on 28 March 2023.
TAQA remains committed to its business in the Netherlands and will continue to contribute actively to the security of supply of gas through its upstream and gas storage activities.
Source: TAQA
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