Santos, Gladstone LNG Partners to Acquire Source Fields

Santos, Gladstone LNG Partners to Acquire Source Fields

The acquisition of the Greater Meridian CSG project 'converts a long-standing contracted supply relationship into GLNG equity production, consistent with Santos' strategy to backfill and sustain GLNG with owned production', Santos said.

GLNG acquires Meridian CSG project

Santos has entered into a binding agreement to acquire a 30% interest in the Meridian CSG project as part of a sale to the GLNG joint venture partners and has completed the sale of its interest in the Mahalo joint venture.