Santos cuts intake of gas amid export curb threat

Original article by Matt Chambers
The Australian – Page: 20 : 1-Jun-17

The Gladstone LNG project reduced its average daily gas intake to 723 terajoules in May 2017, to the lowest level in a year, while the intake was 20 per cent lower than in March. However, GLNG operator Santos has declined to comment on whether the Federal Government’s proposal to impose LNG export controls contributed to the reduced gas intake. Meanwhile, Nik Burns of UBS says GLNG is unlikely to meet the most bullish forecasts for total exports of six million tonnes in 2017.

CORPORATES
SANTOS LIMITED – ASX STO, GLADSTONE LNG PTY LTD, UBS HOLDINGS PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, ORIGIN ENERGY LIMITED – ASX ORG, AUSTRALIA PACIFIC LNG LIMITED, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED, TOTAL SA, PETRONAS GAS BHD, KOREA GAS CORPORATION

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