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Santos sells interest in Kipper gas field

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LNG Industry,

Santos has released a short statement confirming that the sale of its 35% non-operated interest in the Kipper gas field to Mitsui E&P Australia Pty Ltd for $520 million in cash has now been completed.

The Kipper gas field is located in the Gippsland Basin, offshore Victoria, Australia.

Santos has confirmed that it has received the sale proceeds from Mitsui.

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