MARKETS

Santos awaits on Kumul decision

WITH just over a month to go until a deadline runs out on deal to buy an interest in the PNG LNG project, Santos has yet to receive an official go-ahead from the PNG Government controlled Kumul Petroleum.

Colin Hay

Kumul recently advised Santos it wished to extended the period in which the Offer to acquire a 5% stake in PNG LNG would be kept open until 31 August 2023. However, in releasing its latest quarterly...

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