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Santos Managing Director and Chief Executive Officer Kevin Gallagher said the contract with TotalEnergies marks a model new LNG relationship for Santos, constructing on its present joint venture partnerships. “This oil-indexed contract, together with the recently executed long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan and the mid-term contract with Glencore, demonstrates Santos’ strong LNG portfolio place and buyer relationships in the area. Our portfolio is well-balanced over the short to medium time period, with round eighty percent of volumes listed to oil prices and about twenty percent uncovered to identify pricing,†Gallagher said. “There continues to be extraordinarily sturdy demand in Asia for high-heating-value LNG from tasks such as Barossa and PNG LNG, as international locations focus on decreasing their carbon emissions. Santos is dedicated to supporting the vitality security of our valued prospects across Asia, the place …