Barossa FID to spark $5.5b northern investment
Santos has given the green light to its $4.7 billion Barossa gas and condensate project located offshore the Northern Territory.
The final investment decision (FID) to proceed with Barossa also kick-starts a $785 million investment in the Darwin LNG life extension and pipeline tie-in projects, which will extend the facility life for around 20 years.
The Barossa project and Darwin LNG life extension are expected to create 600 jobs throughout the construction phase and secure 350 jobs for the next 20 years of production at the Darwin LNG facility.
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