San­tos se­cures rights for more gas

The Northern Star - Northern New South Wales Rural Weekly - - Finda -

GAS pro­ducer San­tos has gained rights to ex­plore for more gas near In­june in Queens­land’s south­west.

Mines Min­is­ter Dr An­thony Lyn­ham said San­tos and its joint ven­ture part­ners – TO­TAL, Petronas, KOGAS and APLNG – had been awarded ex­plo­ration rights to an 86 square kilo­me­tre area about 65km north of In­june.

“This area holds sig­nif­i­cant gas re­sources, which will fur­ther add to the gas be­ing pro­duced by work­ers here in Queens­land and made avail­able for do­mes­tic use and ex­port mar­kets,” Dr Lyn­ham said. San­tos Ex­ec­u­tive Vice Pres­i­dent, Ex­plo­ration and New De­vel­op­ments Bill Oven­den said the ten­der was ideally lo­cated. “Be­ing ad­ja­cent to the San­tos-planned Ar­ca­dia project means the com­pany will be able to lever­age ex­ist­ing in­fra­struc­ture, re­duce de­vel­op­ment costs and pro­duce more gas,” Mr Oven­den said. San­tos will need to ne­go­ti­ate ac­cess agree­ments and ful­fil any ex­ist­ing en­vi­ron­men­tal and Na­tive Ti­tle re­quire­ments be­fore the ex­plo­ration author­ity is granted and work can be­gin.

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