STO 0.89% $6.78 santos limited

Ann: Santos announces sale of non-core Asian assets, page-9

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  1. 226 Posts.
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    If there is a sanction in Iran, which is very likely, STO will the company most benefited. As, Iran has the world's second-largest proved gas reserves after Russia, with 33.6 trillion cubic metres, and the third-largest natural gas production after Indonesia and Russia. In addition, GAS is STO’s main source of revenue. Let’s see how it goes. Any conflict with Saudis won’t bring them anything good.

    https://www.bloomberg.com/news/arti...igher-oil-prices-signaling-divide-with-saudis
 
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