ADNOC’s Santos Bid to Reshape LNG Landscape

Tuesday, 17 June 2025

Abu Dhabi’s ADNOC-led consortium has offered A$18.7 billion to acquire Santos, signalling a bold move to expand global LNG capacity by 20–25mtpa by 2035. The bid accelerates portfolio growth in Australia and PNG, influencing trade flows and investor confidence in LNG markets.


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