Santos boosts LNG sales, production in Q1

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By LNG World News GLNG (Image courtesy of Santos)Australia’s Santos increased its sales of liquefied natural gas (LNG) in the first quarter as it boosted production at its GLNG plant on Curtis Island.
Santos operates the GLNG project with a 30 percent stake and holds equity in the Darwin LNG project, and PNG LNG in Papua New Guinea.
Santos said in its first-quarter report on Thursday its LNG sales volumes rose 9.8 percent year-on-year to 729 million mt.
LNG sales revenue was $272 million for the quarter under review, up 26 percent as compared to $216 million in the year before. Average LNG price was at $7.09

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