Santos (ASX:STO) share price slips after Whyalla gas deal as dividend date looms
Santos Ltd dropped 0.9% to A$6.94 by Friday’s close, after the Australian gas group confirmed it had nailed down key terms with the South Australian government for a decade-long gas supply deal, linked to the Whyalla Steelworks overhaul. According to Santos, the binding term sheet sets out 200 petajoules of gas starting in 2030. The parties are working toward a full supply agreement by June 30.