BUZZ-Australia's Santos slips on Q1 revenue fall

Reuters04-18

** Shares of Santos fall as much as 0.4% to A$7.690

** Australian oil and gas producer reports 14% fall in Q1 revenue to $1.40 bln

** STO produced 21.8 million barrels of oil equivalent (mmboe) in Q1, compared with 22.2 mmboe in pcp

** Analysts at Citi say STO's production in line with their estimates, but future PNG LNG production may be at risk

** Brokerage retains price target of A$7.72/shr and "neutral" rating

** Broader energy index up 0.2% at 0053 GMT

** Stock had risen 1.2% this year, as of last close

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

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