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AAP

Business

Marion Rae

Santos secures licence for Dorado oil find

Santos Keith Pitt Kevin Gallagher Australia Western Australia

Resources Minister Keith Pitt says an oil project off Western Australia will boost fuel security. (AAP)

A major new oil project off Western Australia is being hailed as an important step for the nation's oil security.

Federal Resources Minister Keith Pitt announced on Tuesday that Santos and its partner Carnarvon Energy now have a production licence covering the Dorado oil field, about 150km north of Port Hedland.

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