Original article by Colin Packham
The Australian – Page: 17 : 25-Mar-25

Santos will seek short-term gas supply contracts for its Gladstone LNG project in Queensland, as its 10-year supply deal with the Australia Pacific LNG venture is set to end in May. Another gas supply deal with AGL Energy is slated to end in 2027. However, a gas industry source has warned that the domestic market is not big enough to replace the hundreds of petajoules that Santos has acquired from APLNG and AGL under the existing supply deals. They note that Santos may have to pay more for gas, given that the market has changed substantially since the existing supply contracts were signed.

CORPORATES
SANTOS LIMITED – ASX STO, AUSTRALIA PACIFIC LNG LIMITED, AGL ENERGY LIMITED – ASX AGL