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.

Asia-Pacific LNG operator Santos has secured significant additional carbon-storage acreage after being awarded a Gas Storage Retention Licence with a joint venture partner at a site west southwest of Moomba in South Australia where Santos is already constructing one of the world’s first industrial carbon-capture and storage (CCS) projects.