Santos has signed extensions to its gas processing agreements with Beach Energy and Senex Energy at the Moomba gas facilities in the Cooper Basin, South Australia.
Under the extensions with its fellow Australian producers, Santos will produce up to 18TJ of sales gas per day, or 20PJ over the three-year term.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The company will process raw gas from Beach’s western flank of the Cooper Basin and gas from Senex’s Vanessa project to sales gas quality.
Santos Midstream Infrastructure executive vice-president Naomi James said: “These processing agreements demonstrate the benefits of the Santos strategy to leverage our existing infrastructure to facilitate more gas supply and more competition in the east coast domestic gas market, as well as continuing to build our Queensland production for both domestic customers and our LNG exports from Gladstone.”
According to Santos, the amount of gas to be produced under these agreements is equivalent to more than 1% of total domestic gas demand of the country’s east coast as forecast by the Australian Competition and Consumer Commission (ACCC).
The company noted that the gas processing agreement extensions demonstrate Moomba’s strategic importance in providing access to the east coast’s domestic gas market for other regional producers to increase gas supply and competition.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe Santos-operated Moomba gas facilities connect supply from multiple producers in Queensland and South Australia to southern domestic gas markets.
Last year, the company supplied around 70PJ of natural gas to the east coast domestic market.
