Santos sailing steady ship but gas delay on horizon

Original article by Perry Williams
The Weekend Australian – Page: 28 : 4-Apr-20

Oil and gas group Santos remains confident that its $3.6bn Narrabri gas project in New South Wales will receive state government approval, but it has conceded that this may not occur before mid-2020 due to the pandemic. Meanwhile, Santos chairman Keith Spence has told the group’s annual meeting that it has no plans to undertake a capital raising at present, despite the recent slump in the crude oil price. Santos has already delayed several growth projects.

CORPORATES
SANTOS LIMITED – ASX STO

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