Australia's major energy company Santos signed an agreement with French Engie in Australia for gas supplies to the Pelican Point Power Station to support South Australia’s energy needs, the company announced on Monday.
The contract is a 15 petajoule (PJ) (14.2 billion cubic feet) gas contract, which starts in January 2018, the company said, adding that the contract will be fulfilled with a mix of Gladstone LNG (GLNG) gas and Santos portfolio gas.
Energy security for South Australia was a "priority", Santos Managing Director and Chief Executive Officer Kevin Gallagher was quoted as saying.
He added that the agreement demonstrated the company’s willingness to work with its GLNG partners - Santos, PETRONAS, Total, and KOGAS.
It is expected that Santos will announce further domestic supply contracts in the coming months to support the Federal government’s efforts to deliver affordable and reliable energy to households and industry, the company added.
By Ebru Sengul
Anadolu Agency
energy@aa.com.tr