Santos Chief Executive Kevin Gallagher told the Australian Petroleum Production and Exploration Association conference in Adelaide that Australia would soon be taking emissions from natural gas production and heavy industries as a world leader in carbon management services.

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Origin Energy, the Australian utility, reported quarterly revenue of A$633.7 (US$477M) from the Australia-Pacific LNG plant where it has a 37.5 percent share, part of which will be sold to EIG Global Energy Partners, an institutional investor in the sector.

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Leading Australian gas and power supplier AGL Energy with LNG import plans for south Australia has decided to split into two companies, one holding the assets of the retail electricity and gas business and another owning the infrastructure such as power plants.

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Australian LNG stakeholder Santos, the company that was the subject of takeover interests from the US, the Middle East and China from 2015 to 2018, said that the Chinese ENN Group which had formed a strategic relationship with Santos from that era was no longer a significant shareholder.

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