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OPERATIONS

Santos LNG sales double over a year ago

SANTOS had a productive first quarter of 2021, seeing a significant uptick in production compared to the same period last year, as well as making final investment decision on its Barossa backfill project and ensuring chief Kevin Gallagher stuck around with a generous pay incentive.

Mark Tilly
Santos CEO and MD Kevin Gallagher

Santos CEO and MD Kevin Gallagher

The company affirmed that all guidance for the year was maintained, as it generated US$302 million in free cash flow and forecast more than US$1 billion in free cash flow for the year at current oil prices. ...

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