Santos is looking at developing its long-held gas assets in the Bonaparte Basin offshore northwest Australia, with ConocoPhillips’ Darwin LNG facility a possible export point, the group told Interfax Natural Gas Daily this week.
This follows the recent acquisition of Engie E&P’s 60% stake in the fields by cash-rich Neptune Energy, which is keen to target rising LNG demand growth in Asia and considers Bonaparte a prime development opportunity.
Santos confirmed it is working with Neptune on a development study for Bonaparte’s Petrel-Tern fields. “We are evaluating...
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