Jun 30, 2026 – 12.53pmSantos chief executive Kevin Gallagher has torn into demands from manufacturers that they be supplied with cut-price gas, taking to new heights the tense discord between producers and energy users over Labor’s gas reservation scheme.Gallagher said management and boards of gas producers would be breaching their fiduciary duties and be crucified by shareholders and regulators if they signed contracts below the full cost of gas supply.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
‘Sell us cheap steel!’: Santos CEO fires back at cut-price gas demand
Boards would be breaching their fiduciary duties if they agreed to sell below-cost gas, said Kevin Gallagher, challenging manufacturers to sell discounted steel in return.







