ESG eastern star gas limited
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santos may sell stake in gladstone

  1. Knucks
    160 Posts.
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    11/01/10
    10:48
    Post #: 6184864
    Reported on the business channel website.

    Santos says it is in talks to sell an equity stake in the Gladstone LNG project.

    Santos has previously said it will cost about $7.7 billion to build.

    It will have a production capacity of 3.5 million tonnes per year in the 1st phase.

    Santos owns 60% of the project.

    The remaining 40% is held by Malaysian national oil company petronas.

    Could this be a sign of Santos trying to raise funds to make a launch for ESG?
    ESG Price at posting: 98.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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