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Santos has introduced the signing of a mid-term LNG supply contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the provision of 20 LNG cargoes, or as a lot as approximately zero.5 million tonnes of LNG every year, over a interval of three years plus one quarter. The contract will start in Q4 2025, with LNG being equipped from Santos’ world portfolio of world-class LNG belongings on a delivered ex-ship basis. Santos Managing Director and Chief Executive Officer Kevin Gallagher said the contract with TotalEnergies marks a model new LNG relationship for Santos, constructing on its present three method partnership partnerships. Our portfolio is well-balanced over the short to medium term, with round eighty p.c of volumes indexed to grease costs and about twenty p.c uncovered to spot pricing,†Gallagher said.
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