Brief: Santos To Increase Interest In Papua LNG For $189 Mln

Santos

07/09/2026 08:55

Sept 7 (Reuters) - Santos Limited STO.AX:
TO INCREASE INTEREST IN PAPUA LNG
CONSIDERATION PAYABLE BY SANTOS IS APPROXIMATELY US$189 MILLION.
ACQUISITION WILL INCREASE SANTOS' PARTICIPATING INTEREST IN PAPUA LNG TO 21 PER CENT
DEAL EXPECTED TO INCREASE SANTOS' EQUITY LNG PRODUCTION FROM PAPUA LNG BY 19% TO 1.2 MTPA
AGREEMENT TO ACQUIRE ADDITIONAL 3.3% PARTICIPATING INTEREST (POST STATE BACK-IN) IN PRL15 AND PAPUA LNG PROJECT FROM TOTALENERGIES
TOTALENERGIES AGREED WITH EXXONMOBIL TO TRANSFER OPERATORSHIP OF PAPUA LNG PROJECT TO EXXONMOBIL PNG ANTELOPE
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 ((Reuters.Briefs@thomsonreuters.com;))