Santos today announced that the GLNG project participants have executed a binding Heads of Agreement with Origin Energy for the purchase of 365 petajoules (PJ) of gas for supply to the GLNG project.
The gas will be supplied at Wallumbilla at a rate of 100 terajoules per day over a period of 10 years commencing in 2015 with pricing based on an oil-linked formula.
Santos Chief Executive Officer David Knox said the agreement with Origin delivers on the company�s strategy of creating shareholder value by executing the most efficient gas supply plan for GLNG.
To view full details of the news announcement please click on the following link:
http://www.santos.com/library/020512_GLNG_to_purchase_365PJ_of_gas_from_Origin_Energy.pdf
Regards
Santos
---------------------------------------------------------------------
If you would prefer not to receive further messages from Santos, login to http://www.santos.com/email-updates-subscribe-or-log-in.aspx and select Unsubscribe.
.
|
Santos Limited
|
|
|
CODE : STO.AX |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Santos is a oil exploration company based in Australia. Santos is listed in Australia, in Germany and in United States of America. Its market capitalisation is AU$ 16.0 billions as of today (US$ 10.5 billions, € 9.8 billions). Its stock quote reached its highest recent level on March 08, 2013 at AU$ 9.98, and its lowest recent point on April 26, 2024 at AU$ 7.70. Santos has 2 082 909 952 shares outstanding. |