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Northbridge Industrial Services Plc

Santos inks new domestic natural gas deal

Australian LNG player Santos, the operator of the GLNG project, has secured a new domestic natural gas deal with Gold Fields Limited.

Under the agreement, Santos will supply nearly 5.5 petajoules of natural gas from its Varanus Island gas plant to Gold Fields’ three gold mines in Western Australia.

The contract has a three-year term starting on July 1, 2020.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.