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

Hanwha Ocean scores $1.26 billion order for LNG-powered containerships

Hanwha Ocean said on Thursday it will build six containerships with a capacity of 15,000 teu. The order is worth...

Chevron Australia says strike not expected to impact LNG production

The Offshore Alliance, which includes the Maritime Union of Australia and Australian Workers’ Union, said that its members working...

Vopak, Transnet moving forward with South African LNG terminal plans

In January, South Africa’s Transnet National Ports Authority appointed the two firms to build and operate the import facility at the...

More News Like This

Santos, partners secure $800 million financing for Darwin LNG life extension

Santos said on Thursday the Darwin LNG JV, in which the company holds a 43.43 percent operating interest, has...

Australia’s Santos to supply 20 LNG cargoes to TotalEnergies

According to a statement by Santos, the contract with TotalEnergies Gas & Power Asia Private is for up to...

Timor GAP takes 16 percent stake in Bayu-Undan JV

Australian LNG player Santos recently announced the JV and Timor GAP have agreed terms of a sale and purchase...

Santos names new finance chief

Australian LNG player Santos has appointed Sherry Duhe as its new chief financial officer. Duhe will replace current CFO Anthea...