Business
Narrabri gas to cost ‘nowhere near’ $3b-plus: Santos CEO – The Australian Financial Review
Santos CEO Kevin Gallagher says cost reductions seen by the company in drilling in Queensland would dramatically cut the expected cost of developing Narrabri ga…
“Youre not going to get gas through an import terminal cheaper than the Narrabri gas project, I know that looking at the numbers,” Mr Gallagher said.
A spokesman said that since Santos had submitted its environmental impact statement for the project, in 2017, it had reduced connected well costs by 84 per cent at its Queensland coal seam gas business, and that experience would be brought to the Narrabri project.
He said the appraisal work Santos is about to do at Narrabri would firm up actual c…
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