Santos will supply gas to Alcoa

Australia
Australian oil and gas company Santos has inked a deal to supply natural gas to Alcoa, a US-headquartered aluminium production company that owns the world’s largest bauxite mine and three alumina refineries in Western Australia. The refiner is the heaviest consumer of gas in the state and will benefit from gas extracted from Santos’ John Brookes field in the Carnarvon Basin.

Over a five-year period beginning in 2018, Santos will supply 2.2 bcm of gas to Alcoa and allow for two additional five-year contract extensions if both companies are in agreement. Santos has not yet released pricing details.

“I am confident it will set the foundation for a long, fruitful association between the two companies allowing for other gas supply opportunities to be explored,” Santos Western Australia and Northern Territory general manager Brett Woods was quoted as saying in The Sydney Morning Herald.

Recent Posts

UK allows oil exploration in North Sea wind project zones

The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More

2 days ago

ExxonMobil closes acquisition of Pioneer, creating Permian powerhouse

ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More

2 days ago

BP-Eni joint venture Azule Energy enters Namibia’s Orange Basin

BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More

2 days ago

Chariot starts gas drilling campaign in Morocco

Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More

2 days ago

Touchstone acquires Trinidad E&P player Trinity

Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More

2 days ago

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

3 days ago

This website uses cookies.