Santos braces for $800m impairment due to Covid-19 impact

Queensland LNG export project to take the brunt of the impairment charge as Australian player revises oil price assumptions and demand fundamentals

Impairment: the Santos-led Gladstone LNG project
Impairment: the Santos-led Gladstone LNG projectPhoto: SANTOS
Published 21 July 2020, 01:05Updated 21 July 2020, 01:05