Santos braces for $1.5bn impairment

Australian giant Santos has warned investors it expects to book a pre-tax impairment of about US$1.5 billion related to its Gladstone liquefied natural gas (GLNG) project in Queensland.

Santos braces for $1.5bn impairment
Published 14 August 2016, 23:44Updated 25 October 2016, 15:30
Asia & Oceania