Global energy company Santos has signed a mid-term liquefied natural gas (LNG) supply contract with Glencore Singapore.
Announced today (4th September), the deal will see Santos supply Glencore with around 0.5 million tonnes per annum on LNG over a three-year period, plus one quarter.
The volume of LNG to be supplied is the equivalent to around 19 LNG cargoes.
Under the contract terms, supply will begin in Q4 2025 from Santo’s global portfolio.
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