Santos eyes PNG P’nyang stake

摘要

Australia’s Santos is close to sealing a deal with US major ExxonMobil to buy a stake in the P’nyang gas field in Papua New Guinea (PNG) as the partners plan an expansion of the US $19 Bn PNG LNG project, according to reports. Santos has wrapped up talks with ExxonMobil, the operator of PNG LNG, regarding it taking a 10% to 15% stake in the P’nyang field and joining existing partners ExxonMobil, Oil Search and JX Nippon, reported the Australian Financial Review.