Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Santos Ltd. > News item |
Moody's: Santos plans growth
Moody's Investors Service said Santos Ltd.'s (prime-2) participation as a co-venturer in the PNG LNG Project with an equity interest of 13.5% is a key plank in its growth strategy.
Santos' share of output from the project is estimated at about 9 million barrels of oil equivalent per annum at the peak of production, Moody's said.
On the other hand, projects such as this one and the company's significant Gladstone LNG project have considerable scale and complexity, the agency said, and could materially change its risk profile.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.