Australia’s Santos and its partners in Gladstone LNG (GLNG) have signed binding agreements to acquire producing coalbed methane (CBM) assets in Queensland, which will provide gas supplies to backfill and sustain the 7.8 million ton per year project now suffering from a net-short gas position.
Santos Buys CBM Assets to Shore Up GLNG Gas Supply
Santos and its partners are buying CBM assets in Queensland to feed their gas-short Gladstone LNG project ahead of a new domestic gas reservation policy.






