Login
Santos advised on ‘strategically important’ transaction
Allens has advised Santos on an LNG sale and purchase agreement (SPA) with regard to its Barossa project.
Emma Musgrave
Firm: Allens (Santos).
Value: Undisclosed.
Area: Energy and resources.
Key players: The team advising Santos was led by projects and development partner Tracey Greenaway, senior associate Anne Beresford, associate Kate Strachan and lawyer Terence Zhou.
Deal significance: According to a statement from Allens, the long-term SPA “is for the supply of 1.5 million metric tonnes per annum of Santos equity LNG over an initial period of 10 years with extension options”.
“The SPA is strategically important for Santos as it underpins the development of the Barossa project and is Santos’ first long-term sale of equity LNG from one its major LNG projects,” the statement said.
Lead partner Tracey Greenaway added: “We are delighted to have worked with the Santos LNG marketing team on this agreement and to support Santos’ continued growth in the LNG and natural gas sector.
“With global demand for gas projected to grow at a steady rate in coming years, and with the important role it is predicted to play as a transition fuel to renewable energy, we expect activity in this sector to go from strength to strength.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
Email Emma on:
