ADELAIDE , Australia, July 18 (UPI) -- Australian energy company Santos said Friday its second quarter figures improved in part because of the start of an LNG project in Papua New Guinea.
"Delivery of the PNG LNG project is an important milestone for Santos in our journey to becoming a major LNG supplier to Asia," Santos Chief Executive Officer David Knox said in a statement. "This project will significantly lift Santos' LNG production once the project reaches full output, and we are already seeing the contribution it is making."