Santos Partners Eye End-Year FID for PNG LNG Facility
Australia-based Santos has announced that its project partners are on track to make a final investment decision (FID) by the end of this year for a new liquefied natural gas (LNG) export facility in Papua New Guinea.
The project, which would add 5.6 million tonnes per year of supply, is progressing with financing in place. The FID is targeted for the fourth quarter of this year.