MARKETS

Santos sees highest LNG prices of peers

SANTOS revenue for the second quarter took an 11% hit putting it above most of its peers even as its realised oil price fell over 50% but production rose 15%.

Santos MD Kevin Gallagher

Santos MD Kevin Gallagher

It announced a l write down at its Gladstone LNG facility of between US$640-$700 million before tax, but has also kept LNG prices for the quarter largely unchanged over the prior and at around US$8 per...

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