Santos scoops share in PNG gas with $271m acquisition

Santos scoops share in PNG gas with $271m acquisition. Picture: AUSTRALIA MINING

PORT MORESBY, 20 MAY 2019 (AUSTRALIA MINING) – Santos is set to boost its presence in Papua New Guinea by acquiring the P’nyang natural gas field from the existing licence participants for $US187 million ($271 million). The acquisition comes on the back off Santos’ binding letter of intent to secure a 14.3 per cent interest […]

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