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  • November 5, 2024
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The contract involves supplying 19 LNG cargoes, or up to approximately zero.5 million tonnes of LNG each year over a interval of three years plus one quarter. The supply will come from Santos’ world portfolio of world-class LNG belongings on a delivered ex-ship foundation. Santos Managing Director and Chief Executive Officer Kevin Gallagher noted that the contract with Glencore extends their current sturdy business relationship and presents a useful opportunity for each corporations to leverage their experience in Asian LNG markets. “This oil-indexed contract, together with a long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan, highlights Santos’ …