https://newsletter.mw.creamermedia.com
Construction|Energy|Gas|Oil And Gas|Oil-and-gas|PROJECT|Reinforcing|transport|Infrastructure
Construction|Energy|Gas|Oil And Gas|Oil-and-gas|PROJECT|Reinforcing|transport|Infrastructure
construction|energy|gas|oil-and-gas|oilandgas|project|reinforcing|transport|infrastructure

Santos strikes gas deal with Walyering

14th December 2022

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Oil and gas major Santos has struck a gas sales agreement with the joint venture (JV) partners of the Walyering JV in the Perth basin.

Santos will purchase a total of 36.5 PJ of gas from the Walyering field over five years, commencing in the first half of 2023. The agreement is facilitated by Santos’ existing customer relationships and pipeline transport positions, with gas to be delivered into Santos’ Western Australian domestic sales gas portfolio.

Santos MD and CEO Kevin Gallagher said Santos continues to support Western Australian industry through the delivery of competitively priced domestic natural gas.

“We are delighted to sign this agreement with the Walyering JV and bring this gas to market in a timely manner, reinforcing our position as Western Australia’s biggest supplier of domestic gas,” Gallagher said.

ASX-listed Talon Energy, which held a 45% interest in the JV along with Strike Energy, on Wednesday said gas supplied under the contract would be sourced from the Walyering gasfield where the JV was constructing a low-cost gas processing facility and associated infrastructure, with gas production being delivered into the Parmelia gas pipeline.

“The signing of the gas sales agreement (GSA) with Santos is a momentous moment for Talon and the JV. With the GSA now finalised the focus of activities at Walyering will be on the imminent construction and commissioning phase of Walyering’s development, followed soon after by strong cash flows underpinned by this agreement,” said Talon CEO and MD Colby Hauser.

“The firm pricing secured in the GSA provides a high degree of certainty with respect to future gas sales income for Talon, and in conjunction with our recent capital raise, provides the company with a strong foundation for its future project development and growth.”

Edited by Creamer Media Reporter

Comments

Showroom

Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

VISIT SHOWROOM 
Victaulic
Victaulic

Since 1919, Victaulic’s innovative solutions and design services continue to increase construction productivity and reduce risk, ensuring projects...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:4.961 5.041s - 127pq - 2rq
Subscribe Now