Home Facts industry

Santos in Talks with Sinopec About LNG Project, Australian Says

Santos in Talks with Sinopec About LNG Project, Australian Says

Write: Atherton [2011-05-20]
p>June 11 -- Santos Ltd. is in talks with China Petroleum & Chemical Corp. about a potential A$400 million sale of a stake in its Queensland liquefied natural gas project, the Australian newspaper said. A senior team from Santos, which owns 60 percent of the Gladstone LNG joint venture with Malaysia s Petroliam Nasional Bhd, was seen June 7 in a Brisbane hotel holding talks with Sinopec and its advisers from Nomura Holdings Inc., the report said.