Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 22 : 9-Jul-21
Santos hopes to make a final investment decision on its proposed $210 million carbon capture and storage project in South Australia by the end of September. The project will have the potential to capture 1.7 million tonnes of carbon a year, and Santos contends that will be the lowest-cost CCS project worldwide. CEO Kevin Gallagher contends that Australia has a competitive advantage when it comes to CCS, and that making the most of this will be vital when it comes to the resources sector continuing to attract overseas investment.
SANTOS LIMITED – ASX STO