Business News Share Market News Bse Nse News Finance And Economic System News
Santos has introduced the signing of a mid-term LNG supply contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the availability of 20 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum, over a period of three years plus one quarter. The contract will begin in Q4 2025, with LNG being equipped from Santos’ global portfolio of world-class LNG assets on a delivered ex-ship foundation. Santos Managing Director and Chief Executive Officer Kevin Gallagher said the contract with TotalEnergies marks a brand new LNG relationship for Santos, constructing Business News on its existing joint venture partnerships. Our portfolio is well-balanced over the quick to medium term, with round eighty % of volumes listed to oil prices and about twenty percent exposed to spot pricing,†Gallagher stated. “There continues to …