Santos Enters New Gas Supply Agreement with Rio Tinto

Source: www.gulfoilandgas.com 4/21/2021, Location: Not categorized

Santos, Western Australia’s biggest domestic gas producer, had signed a new gas supply agreement with global miner, Rio Tinto.

Under the agreement, Santos will supply up to 15 PJs of natural gas to Rio Tinto commencing in late 2021.

Santos Managing Director and Chief Executive Officer Kevin Gallagher said Rio has been a long-term buyer of gas from Santos and we look forward to the strong partnership continuing. “We have been supplying natural gas to Rio for many years. This new gas supply agreement underlines the importance of natural gas for Australian manufacturers and industry,” Mr Gallagher said.

“The agreement strengthens our position as Western Australia’s leading supplier of clean, affordable and reliable energy.

“Our disciplined, low-cost operating model has allowed us to manage the challenges of 2020, we are committed to continued investment in exploration and development of new domestic gas supplies in WA to meet the energy needs of local households and businesses for the long term.”


Bulgaria >>  5/17/2022 - Albania's Albgaz Sh.a (Albgaz) and Bulgaria's Overgas Inc. AD (Overgas) have signed an MOU expressing their mutual intent to cooperate on bankable pro...
Poland >>  5/16/2022 - Polskie Górnictwo Naftowe i Gazownictwo has concluded an agreement with Sempra Infrastructure specifying the main provisions of the contract for the p...

Poland >>  5/16/2022 - Sempra Infrastructure, a subsidiary of Sempra, and the Polish Oil & Gas Company (PGNiG) announced they have entered into a heads of agreement (HOA) fo...
Russia >>  5/16/2022 - According to preliminary data, Gazprom produced 193.8 billion cubic meters of gas from January 1 through May 15, 2022. This is a decrease of 3.7 per c...

Ukraine >>  5/10/2022 - - 2022 forecast revised down by 0.6 percentage points on projections in March
- This year’s forecast for Ukraine is now negative growth of 30 pe...

United States >>  5/10/2022 - Venture Global LNG, a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins, has announced the executi...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.