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The provide will come from Santos’ international portfolio of world-class LNG assets on a delivered ex-ship foundation. Santos Managing Director and Chief Executive Officer Kevin Gallagher famous that the contract with Glencore extends their present robust business relationship and presents a priceless alternative 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’ sturdy LNG portfolio position and customer relationships in the region. There continues to be robust demand in Asia for high heating value LNG from initiatives such as …

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The contract entails supplying 19 LNG cargoes, or as a lot as approximately 0.5 million tonnes of LNG each year over a interval of three years plus one quarter. The supply will …