LNG

Santos, the Australian energy company, said its two LNG projects were on schedule to start production in 2014 and 2015 respectively in Papua New Guinea and at Gladstone in eastern Australia.

The Australian company also said in its latest activities report that sales revenue in the quarter to end of September was of $680 million (US$690M), 13 percent above second quarter revenues and 27 percent more than the same three months a year ago.

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