Santos Ltd (ASX:STO)

Company's Profile

Santos Limited has restructured its operations into three regional business units: Eastern Australia and PNG, Western Australia, Northern Australia and Timor-Leste, and Alaska. The Eastern Australia and PNG Business Unit includes operations in Cooper Basin, Queensland, New South Wales (NSW), and Papua New Guinea (PNG). The Western Australia, Northern Australia and Timor-Leste Business Unit encompasses operations in Western Australia, Northern Australia, and Timor-Leste. Supporting these units are two functional divisions: Santos Energy Solutions and Upstream Gas and Liquids.
In the Cooper Basin, Santos produces natural gas, gas liquids, and crude oil. The gas is primarily sold to domestic retailers, industries, and for liquefied natural gas (LNG) production, while gas liquids and crude oil are sold in domestic and export markets.
The GLNG project in Queensland produces LNG for export to global markets from the LNG plant at Gladstone and is also supplied to the domestic market. Northern Australia and Timor-Leste focus on the Bayu-Undan/Darwin LNG (DLNG) project