The Australian energy producer, Arrow energy, expressed that the Royal Dutch Shell and PetroChina Co. has offered to pay $3.26 billion cash to it, to grab the opportunity in coal sector in Queensland State.

For the same the groups have offered the company Shareholders $4.45 a share, which is 28% of the premium.

However the inclusion of the duo groups into the bid could lead to a political roadblock, for this the Australian government is implementing steps to be cautious on the Chinese will to buy the Australian production companies. Considering the cautious steps the board has intimated the shareholders to not to pay heed on the offer made by the duo as it is yet to discover the role of PetroChina in the bid.

In this regard, this is the second time; shell is trying its hands on the deal, which was initially declined by Arrow, last year. If shell gets the nod this time then it would give a new height to its plans to craft a terminal at Gladstone.

Arrow is on the verge to make a public move but if it makes a nod on the confirmation of the bid then it would be vague to predict that whether it would land into an IPO or not.

Shell is lured due to the past experience with Arrow, as it has made a venture with Shell, selling 30% of the coal seam gas to Anglo-Dutch in the year 2008.

As the offer made by the Arrow is swinging in the mid for consideration, the Arrow group has planned to pool in UBS and Citigroup to be its advisers for the offer thronged by Shell and PetroChina.

In the recent times, the business relationship has taken a new stand amongst the shell and PetroChina, as the duo is compatible now on the agreement deal in November to develop gas resources in Sichuan province.