Santos Limited stock price rises after first Barossa LNG cargo heads to Japan
Santos Ltd shipped its first LNG cargo from the Barossa project, loading the Kool Blizzard tanker at Darwin LNG for Japan’s Sakai terminal on Jan. 25. Shares rose 2.5% to A$6.62 after the announcement. Barossa began exports about six months ahead of schedule. The project faces operational and emissions compliance challenges under Australia’s Safeguard Mechanism.