In 2023, Santos disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Santos also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Finally, Santos also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Santos's reliance on fossil fuels versus cleaner alternatives.
Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Energy Sold | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, Santos disclosed detailed information on the sources and generation technologies of the energy it produced. This disclosure enables a clearer assessment of the Santos's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
In 2023, Santos's energy production came primarily from
In 2023, Santos produced energy using 5 different sources or generation technologies. While moderately diverse, the production mix shows a partial dependence on Liquefied Natural Gas (LNG) (53.54%).
In 2023, Santos reported total energy inflows of 628.94 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 91.44 million Gigajoules purchased from external suppliers and 537.5 million Gigajoules generated through internal production. This corresponds to a production share of 85.46%, reflecting a 1,453.87% percentage point decrease from the previous year (2022) and a 1,453.87% percentage point decrease since 2019.
The declining share of internally produced energy, both over the past year and compared to earlier years, suggests growing reliance on purchased energy. This trend may reflect cost-optimization decisions, external sourcing preferences, or a deprioritization of self-generation efforts.