LNG

Australian LNG plant operator Santos, which has plant and project stakes in Queensland and in the Northern Territory as well as in Papua New Guinea, said new proved plus probable reserves increased by 80 percent in the year due to the merger with Oil Search and the final investment decision on the Barossa gas field.

Australian LNG plant operator Santos has signed a binding long-term LNG supply and purchase agreement (SPA) for the Barossa gas project with Mitsubishi Corp., the  prominent Japanese sector player with stakes in the US Cameron LNG plant in Louisiana and LNG Canada in British Columbia.