Santos shuts down Barossa LNG amidst global gas crunch
The troubled $6 billion flagship will be out of action "for a number of weeks," just as Santos' customers are desperate for gas to replace supply from the Middle East.
Kevin Gallagher has been Santos' chief executive since 2016. Before that, he led the engineering company Clough, having held senior positions at Woodside.
Santos has "announced" the launch of design work for its Dorado oil project off WA without awarding any engineering contracts. The $2.6 billion project could later supply gas to the mainland.
Barossa would produce Australia's dirtiest LNG and if other companies will not back it Santos has a very expensive problem.
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