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The contract will start in Q4 2025, with LNG being equipped from Santos’ global portfolio of world-class LNG property on a delivered ex-ship foundation. Santos Managing Director and Chief Executive Officer Kevin Gallagher said the contract with TotalEnergies marks a new LNG relationship for Santos, constructing on its existing joint venture partnerships. Our portfolio is well-balanced over the short to medium term, with round eighty % of volumes listed to grease prices and about twenty p.c uncovered to identify pricing,†Gallagher said.
“There continues to be extraordinarily sturdy demand in Asia for high-heating-value LNG from tasks corresponding to Barossa and PNG LNG, as countries concentrate on reducing their carbon emissions. Santos is dedicated to supporting the energy safety of our valued prospects across Asia, where gas will play an important position in decarbonisation efforts throughout the area,†Gallagher added. Stocks stalled as oil fuels inflation …

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