In 2019, China accounted for 24% of Australia’s thermal coal exports.

Santos upgraded its 2020 production guidance to 87-89 million barrels of oil equivalent (mmboe) and lowered its production cost guidance to $8.00-8.50/boe.

Australia and Santos are uniquely placed to offer reliable, zero-emissions energy products to Asian and domestic markets.

Santos, along with Australia's other east coast LNG projects Australia Pacific LNG and Queensland Curtis LNG, have come under pressure from the federal government in recent years to ensure domestic supply amid concerns of shortages since the development of the export projects.

Australian gas exporters argue that their projects are not contingent on Chinese buyers in a growing Asian market.

Qatar currently has an LNG production capacity of some 77 million mt/year, but has plans to boost it to 110 million mt/year by 2025 with the addition of four more trains and to 126 million mt/year by 2027 with the addition of two further trains.

Third quarter production of 25.1 mmboe was a record for Santos and 22% higher than the prior quarter

The S&P/ASX 200 index .AXJO closed unchanged at 6,102.2 after flitting between small gains and losses throughout the session.

MSCI’s broadest index of Asia-Pacific shares outside Japan crept 0.4% higher to a fresh two-week peak, led by a 1.3% gain in Australia where an expansionary budget lifted stocks.

International institutional investors that are the long-term owners of generation assets in other markets have generally been cautious about acquiring renewable assets in Australia, perceiving the risk/reward balance to be inferior to other investment opportunities.

Woodside, Santos and Oil Search put their expansion plans on ice when oil prices collapsed in March.

The Australian government has presented a plan to boost gas supply and reduce energy prices,

The Federal Government’s announcement today to invest $1.9 billion to reduce carbon emissions paves the way for large-scale carbon capture and storage (CCS)

Australia's the S&P/ASX 200 index rose 1.1% to 6,007.8

Renewable energy share in the Australia's National Electricity Market: It reached 50.4 per cent at 10.55am on Monday.