Santos’ GLNG gas export venture in Queensland is emerging as likely to be the biggest casualty in the reforms expected from Labor’s review of the east coast gas market rules, with one analyst estimating it could face a hit of up to several hundred million dollars a year.
Several of the submissions to the government’s review of the market have highlighted GLNG’s role as a major buyer of domestic gas to meet its LNG export contracts, including one from the competition watchdog.
Source: https://www.afr.com/companies/energy/santos-glng-in-firing-line-as-east-coast-gas-remedies-loom-20251010-p5n1lm