STO 0.45% $6.72 santos limited

News: STO Australia's Santos flags $303 mln investment in Qld project

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    May 31, (Reuters) - Australian oil and gas producer Santos Ltd (STO) said on Thursday it and its GLNG partners would invest more than A$400 million ($302.8 million) in the Arcadia gas project in Queensland state.

    The company said the investment will be in addition to the A$900 million it has planned to invest in Queensland in 2018.

    ($1 = 1.3208 Australian dollars)

 
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