Santos Approves Agogo Production Facility in Papua New Guinea, Targeting 2028 Gas Delivery
Santos has announced the final investment decision for the Agogo production facility tie-in project in Papua New Guinea, following approval by the PNG LNG joint venture. The project involves delivering feed gas from the Santos-operated Agogo facility to the PNG LNG gas pipeline through a new 19km pipeline, along with two new wells and associated production facility modifications. The first gas delivery is targeted for the second quarter of 2028. Santos holds a 39.9% interest in the PNG LNG joint venture, which includes partners such as ExxonMobil PNG, ENEOS Xplora, Kumul Petroleum, and the Mineral Resources Development Company. According to Kevin Gallagher, Santos’ CEO and Managing Director, the project will support Santos’ long-term production profile with an approximate 12-year production plateau and potential to continue production beyond 2050. The project is expected to deliver incremental net production of around 54 million standard cubic feet per day (mmscf/d), with significant upside potential depen... 
