Santos (ASX:STO) received final environmental approval from Australia's offshore energy regulator for its AU$5.8 billion Barossa gas project, paving the way for first gas in the third quarter of the year, according to a Tuesday report by The Australian, citing the company.
The nod from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) follows a failed legal challenge by the Environmental Defenders Office and clears the last major hurdle for the Timor Sea development, per the report.
The Barossa project will supply gas to the Darwin LNG facility, the report added.
Construction is more than 95% complete, with key subsea infrastructure and pipeline work already finished, Santos said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。