LNG

Australian liquefied natural gas plant operator Santos reported a decline in LNG sales income as production and Asia-Pacific prices fell and the Darwin plant continued to suffer feed-gas issues as the supplying field depleted.

Australian liquefied natural gas plant operator Santos, which has plant and project stakes in Queensland and in the Northern Territory as well as in Papua New Guinea, reported a jump in LNG sales revenues to US$1.116 billion from US$427 million in the same three months of 2021.

Australian LNG exporter Santos reported a boost in reserves and resources available for two of its liquefaction plants, the Gladstone facility on Curtis Island in Queensland and Darwin LNG in the Northern Territory.