Santos hit by $2.4B in impairments

SANTOS has announced that it expects to record a non-cash impairment charge of $2.4 billion before tax to a number of assets in its 2014 full-year accounts.

Santos hit by $2.4B in impairments Santos hit by $2.4B in impairments Santos hit by $2.4B in impairments Santos hit by $2.4B in impairments Santos hit by $2.4B in impairments

While the company has been quick to point out that these impairments will not affect its near-complete Gladstone LNG project, it says it expects to see a $688 million impairment (before tax) to its

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