Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 15-Aug-17
Wood Mackenzie says the Gladstone LNG project’s latest gas supply deal will make it less likely that the Australian Domestic Gas Security Mechanism will be enforced in 2018. The Santos-led project will supply 15 petajoules of gas to Engie’s Pelican Point power station in South Australia over two years. Santos is poised to announce details of additional domestic gas supply contracts. The two rival LNG export projects in Queensland have also secured domestic gas supply deals in recent months.
CORPORATES
SANTOS LIMITED – ASX STO, GLADSTONE LNG PTY LTD, WOOD MACKENZIE, AUSTRALIA PACIFIC LNG LIMITED, QUEENSLAND CURTIS LNG PTY LTD, ORIGIN ENERGY LIMITED – ASX ORG, ROYAL DUTCH SHELL PLC, QUEENSLAND GAS COMPANY LIMITED, ENGIE SA, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, KOREA GAS CORPORATION, PETROLIAM NASIONAL BERHAD, TOTAL SA