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Santos has introduced the signing of a mid-term LNG provide contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the provision of 20 LNG cargoes, or up to approximately 0.5 million tonnes of LNG each year, over a period of three years plus one quarter. The contract will commence in Q4 2025, with LNG being supplied from Santos’ global portfolio of world-class LNG assets on a delivered ex-ship foundation. Santos Managing Director and Chief Executive Officer Kevin Gallagher mentioned the contract with TotalEnergies marks a new LNG relationship for Santos, building on its current three way partnership partnerships. “This oil-indexed contract, together with the lately executed long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan and the mid-term contract with Glencore, demonstrates Santos’ robust LNG portfolio place and customer relationships within the area.
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Hyundai Motor India Ltd preliminary public supply will open for public subscription on October 15. The automaker has also fastened a worth band of Rs 1,865-1,960 per share for its mega Rs 27,870-crore IPO, which will surpass LIC’s initial share sale of Rs 21,000 crore to turn out to be the largest ever. The 5 Callaghan Square scheme has signed up Environmental Resources Management and international chief government advisory firm Teneo Strategy. The logistics sector in Pakistan has been navigating rapid growth while grappling with persistent challenges. The Asian Development Bank appointed Xiaoqin Fan as its new country director for Pakistan on Monday…. Mukesh Ambani-led Reliance Industries goals to strengthen its position within the content manufacturing trade through the take care of Karan Johar’s Dharma Productions.
Big Oil in Indonesia gets in on carbon seize Pertamina, ExxonMobil, BP and Repsol are among the many companies venturing into carbon seize projects in Indonesia. US Fed flags potential danger from China’s Evergrande Stresses in China’s actual estate sector including from heavily-indebted Evergrande have the potential to influence the United States, the US Federal Reserve warns. Business Today is one of Kenya’s leading business news organization, reputed for its authority, accuracy and professionalism.
Our portfolio is well-balanced over the brief to medium time period, with round eighty percent of volumes listed to grease costs and about twenty percent uncovered to spot pricing,†Gallagher stated. “There continues to be extraordinarily sturdy demand in Asia for high-heating-value LNG from projects similar to Barossa and PNG LNG, as countries give consideration to decreasing their carbon emissions. Santos is committed to supporting the energy security of our valued prospects across Asia, where gasoline will play an important role in decarbonisation efforts all through the region,†Gallagher added.