Advertisement
Singapore markets open in 8 hours 22 minutes
  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     
  • S&P 500

    5,027.94
    -43.69 (-0.86%)
     
  • Dow

    37,988.29
    -472.63 (-1.23%)
     
  • Nasdaq

    15,511.68
    -201.07 (-1.28%)
     
  • Bitcoin USD

    64,104.88
    -566.62 (-0.88%)
     
  • CMC Crypto 200

    1,386.17
    +3.60 (+0.26%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Gold

    2,339.80
    +1.40 (+0.06%)
     
  • Crude Oil

    82.52
    -0.29 (-0.35%)
     
  • 10-Yr Bond

    4.7100
    +0.0580 (+1.25%)
     
  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     
  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     
  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

Santos says it aims to ramp up Gladstone LNG sales to 6 mln tonnes/yr

MELBOURNE, Dec 8 (Reuters) - Santos, operator of the Gladstone liquefied natural gas (GLNG) project in Australia, aims to increase sales from the project to around 6 million tonnes a year over its three-year ramp up period, its chief executive said on Thursday.

GLNG has the capacity to produce 7.8 million tonnes a year, but has faced challenges securing gas supplies from its own coal-seam gas wells, so has had to rely on buying extra gas from other producers to feed the LNG plant.

(Reporting by Sonali Paul; Editing by Chris Reese)