Diamond Gas signs 10-year feed gas SPA with Santos

December 7, 2020

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Santos has signed a 10 year feed gas SPA with Diamond Gas International, a 100% subsidiary of Mitsubishi Corporation, for the supply of 1.5 Mtpa of LNG from the Barossa project. The project is intended to provide a new supply source to the existing Darwin LNG plant when currently used Bayu-Undan facility ceases production. The FID is expected to be taken in 2021.

Along with the SPA, the companies have signed an MoU to jointly investigate possibilities to make LNG supply from Barossa carbon neutral. This concerns Moomba CCS project, carbon credits and potential hydrogen development.

Edited from Santos press release