Santos Secures Preliminary Deal for Narrabri Gas Purchase by Orica

Santos firms up customer support for major Narrabri gas project

Santos Ltd (ASX: STO) has signed a second major supply deal for gas from its Narrabri project in New South Wales, saying the non-binding deal with Orica Ltd (ASX: ORI) and an earlier deal with ENGIE demonstrate the strong market interest in gas from the project. Under the deal with chemicals maker Orica, Santos would supply up to 15 petajoules of gas per year for up to 10 years, the company said. Santos and Orica will also explore decarbonisati…

Santos Secures Preliminary Deal for Narrabri Gas Purchase by Orica

Santos signed a non-binding MoU with Orica for the 10-year supply of natural gas from Santos' Narrabri project to the mining solutions provider's manufacturing network on Australia's east coast.

Orica Eyes Gas Supply from Santos' Narrabri

Santos has secured another potential customer for its Narrabri gas project in New South Wales, with Orica agreeing to a non-binding purchase deal. Orica, a global explosives manufacturer, and Santos will negotiate the sale of up to 15 petajoules of gas per year from the Narrabri project for a term of up to 10 years. Santos is an Australian energy company focused on exploration, development, and production of oil and gas. The Narrabri project sti…