Australian exploration and production company Santos has signed a new contract to supply natural gas to the Wesfarmers Chemicals, Energy & Fertilisers (WesCEF).
Pursuant to the agreement, Santos is required to supply up to 34 petajoules (PJ) of gas to WesCEF over a period of four years.
The development follows an agreement being signed last month between the parties to supply around 28PJ of gas to WesCEF over three years.
The new contract is expected to strengthen the company’s position as a producer of domestic gas in the Western Australian (WA) market.
Santos marketing and trading executive vice-president Philip Byrne said: “We produce only domestic gas in WA and it’s a business we are keen to grow, delivering affordable and reliable energy to local businesses and industry.
“This contract also strengthens our relationship with WesCEF and highlights the quality of our client base.”
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By GlobalDataThe company’s domestic gas assets in WA include the John Brookes, Halyard / Spar and Reindeer offshore gas fields in the Carnarvon Basin.
In addition, Santos has gas processing plants at Devil Creek and on Varanus Island.
In September this year, the firm reached an agreement to supply 30PJ of gas to the east coast domestic market over 2018 and 2019.
In a separate deal in August, the company agreed to supply 18PJ of gas per annum into the southern domestic market.
