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8,355 Posts.
95
01/09/16
12:53
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Did you check OSH annual result ? Their LNG break even is around US$6.60/BOE
Current international LNG price is below that. They are loosing money. (Same is true with all Australian LNG Exporters)
Santos is in Worst Situation. Another 1.1 Billion Write Off and more to come ?
All Australian LNG Operators are bleeding financially.
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