Santos’ GLNG in firing line

https://www.copyright link/companies/energy/santos-glng-in-firing-line-as-east-coast-gas-remedies-loom-20251010-p5n1lm

AFR article today hints at Santos likely to wear the brunt on the Federal Government East Coast gas market reforms.

Santos GLNG is the only LNG exporter that is a major buyer of domestic gas to meet its export contracts, and the proposal for a Net Contributor test is likely to penalise GLNG more than the other exporters who have adequate supplies and sell into the local market.

This should bode well for the JV, given they potentially need to increase additional production - potentially something LD was hinting at in the last update on Mt. Kitty

All IMHO, but certainly a tailwind for CTP going forward.