LNG

Santos, the Asia-Pacific LNG operator with assets in Australia and Papua New Guinea and that recently held unsuccessful merger talks with Australian peer Woodside, has issued its annual reserves statement showing resources comprising 84 percent natural gas and 16 percent liquids.

Origin Energy, a stakeholder in the Australia Pacific LNG plant in Queensland, said the facility shipped more cargoes during the Sydney-based company’s fiscal year as its integrated gas business surged because of higher LNG revenues.