Santos Signs Gas Supply MOU with Engie

Santos signs natural gas supply deal with Engie

Santos has entered a non-binding MoU with Engie, signalling a potential supply of natural gas from the Narrabri Gas Project to the Australian east coast domestic gas market.

Santos Signs Gas Supply MOU with Engie

Santos (ASX:STO) has signed a non-binding memorandum of understanding (MOU) with Engie for the supply of natural gas from the Narrabri Gas Project to the Australian east coast domestic gas market. According to the proposed transaction, Santos would supply Engie with up to 20 petajoules of natural gas per year from Narrabri. The agreement would last for at least 10 years from the commencement of operations, with 100 per cent of the supplied gas c…