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Santos to supply gas to South Australia

Written by  AOG Staff Tuesday, 29 August 2017 22:36
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Santos has signed a location swap agreement facilitating the delivery of at least 18 PJ of gas per annum into the Australian southern domestic market.

Under the three year agreement which takes effect in January 2018, Santos will take delivery of gas at Wallumbilla. Santos will then provide an equivalent quantity of gas at delivery points in the southern domestic market.

Santos CEO Kevin Gallagher said, “This transaction demonstrates the ability for industry to efficiently work together and support the Federal Government in bringing more supply into the domestic market and help mitigate gas supply concerns.

“Santos will continue to proactively pursue transactions that capture value for our shareholders and extend our history of delivering competitive wholesale gas supply to east coast domestic gas market end users.”

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