What are the key terms of Santos' 10-year gas supply deal with South Australia?

Santos will supply 200 petajoules of gas over 10 years—from March 1, 2030, to 2040—at approximately 20 petajoules per year to South Australia’s Strategic Gas Reserve from its Moomba operations; the deal includes a prepayment component to fund the three-year Moomba Central Optimisation project, supports the long-term future of the Cooper Basin Central Fields near Moomba, creates jobs in Adelaide and regional South Australia for at least 15 years, and underpins South Australia’s industrial future, energy security, and the planned sale and transformation of the Whyalla Steelworks.

How does this deal support South Australia's energy security and industrial development?

The deal ensures South Australia’s energy security and industrial future by supplying 20 petajoules of gas annually to the state’s Strategic Gas Reserve from 2030–2040, directly supporting critical infrastructure and industry—including the planned sale and transformation of the Whyalla Steelworks—while also funding the Moomba Central Optimisation project and sustaining jobs across Adelaide and regional South Australia for at least 15 years.

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Santos executes 10-year gas supply deal with South Australia

Jun 29, 2026

Australian energy producer Santos signed a 10-year deal to supply 200 petajoules of gas to South Australia starting in 2030. The agreement funds the Moomba Central Optimisation project and secures domestic gas supply for the region.

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