PNG LNG project equity deal extended Santos chief executive Keven Gallagher said the PNG LNG project continues to represent “compelling value” for shareholders.
“With the significant changes in the global energy landscape over the last 12 months, PNG LNG remains a world-class asset that is low-cost, low emissions intensity and delivers reliable LNG supply to our customers in Asia,” he said.
“The project is positioned in a supportive regulatory environment, with fiscal stability arrangements in place ensuring that it contributes strong cash flows to project participants and delivers significant economic and social benefits to the nation.”
PNG LNG project equity deal extended | Upstream Online