AUSTRALIA

Borda to focus on cost crunch

INCOMING Santos chairman Ken Borda has told Santos' annual general meeting that it is pleasing to see construction costs coming down, and it will use its position to make sure they come down even further.

James McGrath

Addressing the AGM in Adelaide today, he said he would continue the board's "relentless approach" in driving down costs. To that end, he said, it was pleasing to see some costs already cooling from their...

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