Business And Financial News : Npr
The contract entails the supply of 20 LNG cargoes, or up to approximately zero.5 million tonnes of LNG per annum, over a period of three years plus one quarter. The contract will begin in Q4 2025, with LNG being provided from Santos’ global portfolio of world-class LNG property on a delivered ex-ship basis. Santos Managing Director and Chief Executive Officer Kevin Gallagher stated the contract with TotalEnergies marks a new LNG relationship for Santos, building on its current joint venture partnerships. Our portfolio is well-balanced over the quick to medium term, with around eighty p.c of volumes indexed to oil prices and about twenty p.c uncovered to identify pricing,†Gallagher mentioned.
The FMA’s must courtroom approval for liquidity threat tips is attention-grabbing timing. A building enhance and decrease rates of interest could kickstart flagging activity. Officials have warned of increased hardship and potential harm …