MARKETS

Santos and Kumul revise Papua LNG sale terms

Australia's Santos has confirmed that it agreed an amendment with Papua New Guinea's state-owned Kumul Petroleum Holdings regarding the sale of a 2.6% interest in the PNG liquefied natural gas (LNG) project.

Santos and Kumul revise Papua LNG sale terms

The amendment provides additional time for Kumul to pay the remaining US$241 million after the state-owned company paid US$352 million on January 31, equivalent to around 1.6% stake in the LNG project,...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.