Overview
Santos chief executive Kevin Gallagher has warned the Albanese government that making gas exports from Queensland subject to obligations to supply the domestic market would hit LNG contracts, damaging Australia’s reputation with foreign investors.
The comments from the boss of the oil and gas producer, which last week saw its Middle East suitor walk away from a $36 billion takeover offer, expose simmering tensions between Santos and its key rivals over potential remedies for the overstretched east coast gas market.
Source: https://www.afr.com/companies/energy/santos-ceo-warning-on-gas-intervention-exposes-bitter-rift-with-rivals-20250923-p5mx9z