Irish Business News

Our portfolio is well-balanced over the quick to medium time period, with round eighty percent of volumes indexed to grease prices and about twenty percent exposed to identify pricing,” Gallagher stated. “There continues to be extremely robust demand in Asia for high-heating-value LNG from tasks similar to Barossa and PNG LNG, as international locations concentrate on decreasing their carbon emissions. Santos is committed to supporting the energy security of our valued prospects across Asia, where gas will play a vital function in decarbonisation efforts all through the area,” Gallagher added.

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Santos has introduced the signing of a mid-term LNG provide contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the availability of 20 LNG cargoes, or up to approximately zero.5 million tonnes of LNG each year, over a period of three years plus one quarter. The contract will start in Q4 2025, with LNG being provided from Santos’ global portfolio of world-class LNG property on a delivered ex-ship basis. Santos Managing Director and Chief Executive Officer Kevin Gallagher stated the contract with TotalEnergies marks a new LNG relationship for Santos, building on its existing three means partnership partnerships. “This oil-indexed contract, together with the lately executed long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan and the mid-term contract with Glencore, demonstrates Santos’ robust LNG portfolio place and customer relationships in the area.

Legislation To Position Duty On Social Media Giants To Enforce Age Limits

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