GLNG signs binding LNG off-take agreement with KOGAS for 3.5 mtpa

Join this site Explore »

» GLNG signs binding LNG off-take agreement with KOGAS for 3.5 mtpa

abarrelfull wrote on 17 Dec 2010 06:35
Tags: australia gladstone kogas lng santos

State-run Korea Gas Corporation (KOGAS) is buying a 15 per cent stake in Santos Ltd’s (ASX:STO) Gladstone LNG joint-venture project.

Korea Gas is also set to agree on a long-term supply deal, coming one step closer to a final investment decision on the $15 billion project.

In a complex transaction, Korea Gas will buy 7.5 per cent from the project’s operator, Santos, and another 7.5 per cent from Malaysia’s Petronas.

In addition, Santos will also sell an additional 7.5 per cent stake in Gladstone to France’s Total, bringing Santos' stake to 30 per cent.

Santos is the largest shareholder in the project, with 27.5 per cent to be held by both Petronas and Total.

australia gladstone kogas lng santos

Click here to edit contents of this page.

Click here to toggle editing of individual sections of the page (if possible). Watch headings for an "edit" link when available.

Append content without editing the whole page source.

Check out how this page has evolved in the past.

If you want to discuss contents of this page - this is the easiest way to do it.

View and manage file attachments for this page.

A few useful tools to manage this Site.

See pages that link to and include this page.

Change the name (also URL address, possibly the category) of the page.

View wiki source for this page without editing.

View/set parent page (used for creating breadcrumbs and structured layout).

Notify administrators if there is objectionable content in this page.

Something does not work as expected? Find out what you can do.

General Wikidot.com documentation and help section.

Wikidot.com Terms of Service - what you can, what you should not etc.

Wikidot.com Privacy Policy.

Killajoules