Korea Gas to Buy Stake in Santos-led LNG Project

abarrelfullabarrelfull wrote on 16 Dec 2010 09:36
Tags: australia deals gladstone kogas lng santos


Santos notes speculation that Korea Gas Corporation (Kogas) has agreed to buy 3.5 million tonnes per annum of LNG from the GLNG project and take a 15% stake in the project.

Santos confirms that GLNG and Kogas remain in advanced discussions but have not yet reached definitive agreement.

Santos will update the market as necessary.


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