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Australia's Santos raises annual production outlook

July 22 (Reuters) - Australia’s Santos Ltd increased its full-year production outlook and reported a 37% jump in second-quarter revenue on Thursday, helped by increased demand for natural gas following the reopening of economies.

The country’s second-largest independent gas producer now expects to produce between 87 and 91 million barrels of oil equivalent (mmboe) in 2021, higher than its previous forecast of 84-91 mmboe. (Reporting by Sameer Manekar in Bengaluru; Editing by Shounak Dasgupta)

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