Latest Bangladeshi Business, Monetary, Shares, Economic, Technology News And Analysis
The contract involves supplying 19 LNG cargoes, or up to roughly 0.5 million tonnes of LNG per annum over a period of three years plus one quarter. The supply will come from Santos’ global portfolio of world-class LNG property on a delivered ex-ship basis. Santos Managing Director and Chief Executive Officer Kevin Gallagher noted that the contract with Glencore extends their current sturdy business relationship and presents a priceless alternative for each firms to leverage their experience in Asian LNG markets. “This oil-indexed contract, together with a long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan, highlights Santos’…