News

Santos GLNG should join forces with Arrow, analyst says

Santos's GLNG project needs access to more CSG, a financial analyst says.
Santos's GLNG project needs access to more CSG, a financial analyst says. Santos

GLADSTONE'S LNG projects are once again the subject of financial rumours, with one prominent analyst saying the Santos GLNG project should join forces with the yet-to-be-approved Arrow Energy Project.

Construction of the GLNG project is well underway, but Luke Smith, an analyst at Commonwealth Bank Equities, says the project must increase its supply of coal seam gas, and a merger could be the solution.

Meanwhile, a surge in the Australian dollar has blown out the cost for Gladstone's coal-seam gas export projects to $20.4 billion.

The 33% blow out was also caused by rising local costs and increased regulatory hurdles. It is uncertain how the blow-out will affect work on the three LNG plants on Curtis Island.
 

Topics:  curtis island, gladstone, lng, resources, santos




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Having battled PND four times, Mel says the secret is sleep

'I just thought, don’t all mothers get no sleep?’

'My husband lasted 6 weeks as a stay at home dad'

APN Hey Mummy Feature for online - stock images. Katie Dykes being interviewed for the webisodes. Photo Marc Stapelberg / The Northern Star

FROM the outside, being a stay at home mum looks like a breeze.

THE EXPERT: Stop judging working mothers

SUPER MUMS: Being a working mums comes down to perfecting time management.

"WORKING for money is all right; so is working because you want to.”

Health and nutrition with kids - how do you balance it?

HOW important is health and nutrition in your household?

Smack or no smack - where do you stand?

THE debate is reignited - is smacking acceptable?

Technology and kids: Do you ever cut their wi-fi?

Check out our new video series featuring mums having a chat

Gladstone woman chosen to sing in Disney movie

BIG BREAK: Melodee Leilua (centre right) with Polynesian super star band Te Vaka.

"I was stunned and I nearly fell over"

LISTEN: Gladstone fishermen fight 'motor fire' 60km to sea

Aaran Denschel said he didn't bother trying to restart his motor once the fire was extinguished.

FISHERMEN'S boat motor catches alight off Heron Island.

Latest deals and offers

Zac on BSL's future

Labor candidate for Flynn Zac Beers

Matt Canavan concered about BSL

LNP senator Matt Canavan is concerned about the future of Boyne Smelters Limited is...

Soccer kids enjoy clinic

Clinton's Charles Heeron - Senior Soccer between Clinton and Meteors. Saturday, May 14th, 2016.

A League goalkeeper Michael Theo was passing down his soccer wisdom to about 30...

Burnett Heads housing development approved

COUNCIL APPROVED: A Burnett Heads housing development has been approved by Bundaberg Regional Council. Photo Contributed

Councillors approved the development seven votes to four

Three bedroom, 1100sqm block: Is this Qld's cheapest home?

BARGAIN BUY: Is this North Bundaberg property the cheapest home in Queensland?

Becoming a real estate mogul is all about risk and reward