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SANTOS LIMITED (ASX:STO) - Latest afr article, 32930275, page-33 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
STO
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2.63% $7.02 santos limited

If there is a sanction in Iran, which is very likely, STO will...

  1. Asifuts
    226 Posts.
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    07/05/18
    14:01
    Post #: 32930275
    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
    STO Price at posting: $6.12 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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