Santos announced it has agreed binding terms to extend its current gas supply agreement with Brickworks, with the new long term agreement commencing January 2025 for another 11 years with the potential for further extensions beyond that. The agreement will provide long-term security of affordable gas supply for Brickworks and support Santos' investment in more gas supply for the east coast market. Santos Managing Director and Chief Executive Officer Kevin Gallagher said the deal would see Santos supplying up to 35 petajoules of natural gas to Brickworks at competitive, stable, CPI-linked prices for 11 years from 2025, with an option to further extend the contract.
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27.17 AUD | +0.22% | +0.82% | 2.65B | ||
7.71 AUD | -0.39% | -2.16% | 16.14B | ||
EPS Revisions
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-2.83% | 2.65B | |
+11.41% | 53.19B | |
+18.77% | 36.06B | |
+13.87% | 33.65B | |
-9.23% | 33.07B | |
+11.02% | 18.56B | |
+22.17% | 18.21B | |
+15.52% | 17.89B | |
+6.20% | 11.57B | |
+2.29% | 6.81B |
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