Australian LNG player Santos has further extended the exclusivity period for its proposed $18.7 billion takeover by a consortium led by Adnoc’s investment unit, XRG.
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The Puerto Rico Electric Power Authority (PREPA) and US LNG player New Fortress Energy are in dispute over liquefied natural gas (LNG) deliveries under their long-term LNG supply deal, according to the Financial Oversight and Management Board for Puerto Rico.
Australian LNG player Santos reported record quarterly production of 26.3 mmboe in the third quarter, while Barossa feed gas to Darwin LNG also hit a new record peak of about 600 mmscf per day.
Australian LNG player Santos has signed two separate, non-binding LNG agreements that underscore the company’s growing global LNG portfolio position. Santos entered into a non-binding heads of agreement to buy LNG from the Ksi Lisims LNG project in Canada and the company agreed key commercial terms with South Korea's Posco Steel to supply the latter with LNG.