Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

Santos Limited stock price rises after first Barossa LNG cargo heads to Japan

Santos Limited stock price rises after first Barossa LNG cargo heads to Japan

Santos Ltd has loaded the first liquefied natural gas cargo from its Barossa project onto the Kool Blizzard tanker. The vessel departed the Darwin LNG plant on Jan. 25, heading for Japan’s Sakai terminal under a delivered ex-ship arrangement—meaning Santos retains responsibility until it arrives at port. Shares of Santos rose 16 Australian cents, or 2.5%, to close at A$6.62, after moving between A$6.55 and A$6.695 during the day. CEO Kevin Gallagher described the shipment as “a major milestone,” noting Barossa came online about six months ahead of schedule and stayed within its original budget. Santos holds a 50% stake in the project, alongside PRISM Energy International Australia and JERA Australia.
27 January 2026
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