Australia’s Santos takes hit for lower Asia LNG selling price of US$8.94 per MMBtu
Tuesday, 01 March 2016
Our Asia-Pacific editor
Australian energy company Santo, operator of the Gladstone LNG project in Queensland and with stakes in two other plants, posted full-year losses of A$2.7 billion (US$1.9Bln) as higher sales volumes were more than offset by significantly lower oil and LNG prices.
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