STO 0.13% $7.67 santos limited

This could be why it fell today:...

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    This could be why it fell today:

    disallowed/business/the-economy/gas...arrabri-csg-analysts-say-20180709-p4zqe0.html

    Analysts say four proposed new gas import terminals around Australia have ended Santos’ contentious NSW Narrabri coal seam gas project.

    Santos’ Narrabri project is a proposed $3 billion gas operation that has been consistently opposed by environmental groups, and now Macquarie Bank analysts believe the rise of Australian gas import terminals will end all potential government support.
 
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