Australia’s Santos in another domestic gas deal

Australian independent LNG producer Santos signed a new domestic deal to supply natural gas in Western Australia.

This time the firm signed a deal with energy solutions provider, Kleenheat.

Kleenheat is part of Wesfarmers Chemical, Energy and Fertilisers, a group of businesses that will also utilise the gas.

Under the deal, Santos said it would supply more than 16 petajoules of gas from its Varanus Island processing operations. The agreement is for three years starting from 2021.

Santos CEO Kevin Gallagher said the deal further cemented the firm’s position as the “leading” supplier of gas in WA.

“In these challenging economic times, this agreement with one of Western Australia’s largest users of natural gas is good for Kleenheat, good for Santos and good for WA,” Gallagher said.

Furthermore, Santos supplies about 45 percent of WA’s domestic gas requirements.

Gallagher added the firm is committed to investing in the development of new gas supplies to meet the energy needs of WA.

Most Popular

BGN delivers its first LNG cargo to Germany, secures Egypt deal

Switzerland-based energy trader BGN has completed its first LNG delivery to Germany, while simultaneously securing a deal to supply Egypt with LNG.

Samsung Heavy wins contract for Eni’s Coral Norte FLNG

South Korean shipbuilder Samsung Heavy has secured a preliminary contract for Eni's second FLNG project in Mozambique, Coral Norte (Coral North), according to shipbuilding sources.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

More News Like This

Santos inks LNG supply deal with QatarEnergy’s trading unit

Australian LNG player Santos has signed a mid-term LNG supply deal with QatarEnergy Trading, a unit of state-owned LNG giant QatarEnergy.

Santos enters exclusive due diligence with Adnoc-led consortium

Australian LNG player Santos has entered into a process and exclusivity agreement with a consortium led by Adnoc's investment unit, XRG, related to the latter's $18.7 billion takeover offer.

Santos: Barossa project in final stages of commissioning

The Barossa gas project, which will supply feed gas to the Santos-operated Darwin LNG plant, is now in the final stages of commissioning following the arrival of the BW Opal FPSO at the Barossa gas field.

Santos gets $18.7 billion takeover offer from Adnoc-led consortium

Australian LNG player Santos has received a takeover offer valued at $18.7 billion from a consortium led by Adnoc's investment unit XRG.