Santos seals ten-year gas supply deal
What happened
Santos has executed a ten‑year gas sale agreement with the South Australian government that includes a prepayment structure supporting upstream MCO investment. The GSA ties domestic offtake to planned upgrades at Moomba and explicit inlet compression and power additions that enable remote operation support and capex funding
Why the category manager should care
Treat the GSA as a real, contract‑backed demand driver: suppliers will see clearer revenue streams and may seek firmer payment or prioritisation terms as a result
Key facts
- Ten‑year domestic gas sale agreement
- GSA uses prepayment to support MCO capex and Moomba upgrades
- Agreement connects to long‑term supply for South Australia