Santos LNG surge

Written by  John McKay
Thursday, 21 July 2022
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July 21 (LNG) - Santos, the Australian operator of the Gladstone LNG plant in Queensland and the Darwin facility in the Northern Territory as well as being a shareholder in Papua New Guinea LNG, reported second-quarter and first-half sales revenue of US$1.87 billion and US$3.76Bln respectively.

   Revenue from LNG sales alone in the second quarter came to US$1.07Bln. Santos said its average realised LNG price in the quarter was US$14.66 per million British thermal units versus US$7.52 per MMBtu in the prior-year quarter. “Santos’s LNG projects shipped 58 cargoes in the second quarter, of which nine were spot cargoes (Darwin LNG five and PNG LNG four) sold on a Japan-Korea Marker-linked basis,” said Santos.

Last modified on Thursday, 21 July 2022 06:34
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