MELBOURNE, Feb 17 (Reuters) - Santos Ltd STO.AX said partners in the Caldita-Barossa gas fields off northern Australia aim to make a final investment decision in the next two years on whether to develop the project.
The partners, led by ConocoPhillips (NYSE:COP) COP.N , plan to start initial engineering and design work in late 2017 and to reach a final investment decision in late 2018 or early 2019, Santos Managing Director Kevin Gallagher told analysts at a results briefing.
ConocoPhillips, Santos and an affiliate of South Korea's SK Holdings Co 034730.KS own Caldita-Barossa, which would supply the Darwin liquefied natural gas plant.