Tag: business

The contract includes supplying 19 LNG cargoes, or up to roughly 0.5 million tonnes of LNG every year over a interval of three years plus one quarter. The supply will come from Santos’ global portfolio of world-class LNG assets on a delivered ex-ship basis. 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 alternative for both companies to leverage their expertise 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’ …