Santos accused of âstringing everybody alongâ over Narrabri gas project

CEO tells investors firm wonât âexert any effortâ while it awaits approvals as opponents urge the miner to âspike the project finallyâ Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Santos chief executive, Kevin Gallagher, has told an investor briefing the company will not be âexerting any effortâ on its Narrabri gas project while it awaits outstanding approvals, prompting fresh questions about the future of the controversial development. Gallagher told investors this week the company was prioritising exploration in the Northern Territoryâs Beetaloo Basin, where it is pursuing an expansion. He said a strategic review had determined Santos reserves in eastern Queensland and Western Australiaâs Browse Basin should be âdeprioritisedâ. According to the published briefing, the Narrabri project in north-west New South Wales would be subject to âfurther reviewâ in 2027 after the company completed an appraisal of its Beetaloo reserves. âNarrabri, itâs really about just focusing on approvals and ⦠you know, continue with that, but again, not spending any capital or exerting any effort on that
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