Home / Business and Economy / Santos Locks In 10-Year Gas Supply Deal
Santos Locks In 10-Year Gas Supply Deal
29 Jun
Summary
- Santos secured a 10-year gas supply agreement.
- The deal ensures 200 petajoules of gas.
- Gas supply will commence from the year 2030.
Australian energy producer Santos has executed a substantial agreement with the South Australian government. This finalized deal ensures the supply of 200 petajoules of natural gas.
The agreement is set to span a decade, with gas deliveries commencing from the year 2030. This commitment represents a significant step in securing energy resources for South Australia.
This execution follows a previously announced arrangement between Santos and the state government. The deal solidifies a long-term energy supply, providing vital resources for the region.
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