PNG Industry News reports that CEO, Kevin Gallagher, who is 12 months into his new role, will have non-core assets across Asia and Australia stripped out, packaged up, and sold or divested in a strategy for Santos to pull back to PNG and Australia.
The company has renewed its long-term commitment to PNG, and said deals were likely on new projects, although a focus will be on incorporating the giant P'nyang gas field into PNG LNG's next train.