France's Total Decides To Participate In GLNG Project In Australia

摘要

France's Total decided to participate in GLNG Project, a coal seam gas (CSG) to liquefied natural gas (LNG) project in Australia, which has been promoted by Australian Santos and Malaysian Petronas. According to the announcement by Santos on September 9th, Total will acquire 15% interest from Santos and 5% interest from Petronas, totalling 20%. As a result, GLNG is owned by the three companies, consisting of 45% by Santos, 35% by Petronas, and 20% by Total.