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Santos Ltd
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GLNG Investor Visit Presentation
| Nicole Walker | Page 3 of 11 |
November 21, 2024
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"GLNG Investor Visit Presentation"
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3GLNG is over 50% complete and remains on track for first LNG in 2015, US$18.5 billion capexmaintained Upstream On track for Q2 2014 completionMarine crossing tunnelling progressing ahead of schedule Gas transmission pipeline Heavy lifts underway on the Train 1 and Train 2 sitesLNG Tank B roof lift on schedule for Q3 201310 Train 1 modules have been shipped to site from Batangas Plant and port Continued time and cost performance gains in drillingFairview average gas capacity of 1.6 TJ/day per well Upstream hub construction well underway US$18.5 billion gross capital cost estimate from FID to the end of 2015, based on foreign exchange rates consistent with the assumptions used at FID (A$/US$ 0.87 average over 2011-15).