Australia's Santos Ltd has received a $1.4 billion binding offer from Papua New Guinea's state-owned Kumul Petroleum for a 5% stake in the PNG liquefied natural gas (PNG LNG) project, the gas explorer ...
Santos Ltd has agreed to sell a 5% stake in PNG LNG to Papua New Guinea's state-owned Kumul Petroleum for $1.1 billion in a deal to be announced on Tuesday, the Australian Financial Review reported ...