Australian energy company Santos takes charge of up to US$800M on Gladstone LNG in Queensland
Tuesday, 21 July 2020
Australian LNG plant operator Santos expects to recognise a non-cash impairment charge in the range of US$700-US$800 million before tax, most of it attached to LNG, due to the revised oil price and the effects of Covid-19 and energy market demand fundamentals.
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- Kevein Gallagher
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