Foster Wheeler-Bechtel FEED Studies Keep Santos-Petronas LNG Project on Schedule

JOHANNESBURG--June 10, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Santos Limited's (NASDAQ: STOSY) (Adelaide, Australia) plans for setting up a project to turn coal seam gas (CSG) into liquefied natural gas (LNG) in Gladstone, Queensland, is advancing with the selection of Indonesia's state-owned hydrocarbons utility Petronas to become a 40% partner in the development, operation and marketing of the Gladstone LNG entity.

Other companies featured: Foster Wheeler Limited (NASDAQ:FWLT), ConocoPhillips (NYSE:COP)