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

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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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