Santos earnings

Written by  John McKay
Thursday, 21 October 2021
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Oct 21 (LNGJ) - Santos of Australia, the operator of the Gladstone and Darwin LNG export plants and with stakes in Papua New Guinea assets, reported record quarterly sales revenues of US$1.14 billion versus US$797 million in the 2020 quarter as the merger process continued with PNG-based company Oil Search.

   “The merger is on track for completion by year-end and is subject to a limited number of customary conditions, including Oil Search shareholder approval, regulatory approvals and Papua New Guinea court approval,” said Santos.

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