Santos Limited (ASX: STO) has signed new gas supply deals with Yara Pilbara Fertilisers Pty Ltd to supply natural gas to Yara’s liquid ammonia plant situated on the Burrup Peninsula in WA.
As per the deal, STO will supply more than 120 petajoules of natural gas over 5 years, commencing at the end of the Company’s current pact with Yara in 2023.
Further, both the parties will collaborate to explore decarbonisation prospects in WA, including carbon capture plus storage.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
