{"id":61911,"date":"2022-03-24T22:46:41","date_gmt":"2022-03-24T11:46:41","guid":{"rendered":"https:\/\/www.marketforces.org.au\/?page_id=61911"},"modified":"2026-03-23T10:34:32","modified_gmt":"2026-03-22T23:34:32","slug":"santos","status":"publish","type":"page","link":"https:\/\/www.marketforces.org.au\/campaigns\/companies\/santos\/","title":{"rendered":"Santos"},"content":{"rendered":"

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Company Profile<\/p>\n

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Santos<\/h1>\n

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Santos\u2019 climate-wrecking oil and gas expansion plans and the financial institutions backing them<\/h2>\n

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Last updated:
\nMarch 2026<\/p>\n

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Santos is one of Australia\u2019s largest producers of oil and gas, and is pursuing massive expansion plans consistent with the failure of the Paris Agreement. The company is currently building the Barossa gas project off the coast of the Tiwi Islands and is seeking to build the Narrabri gas project in New South Wales.<\/p>\n

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Jump to:<\/em><\/p>\n

Banks financing Santos<\/a> \u203a<\/p>\n

Super funds financing Santos<\/a> \u203a<\/p>\n

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The projects that Santos is trying to pursue include:<\/p>\n

The Barossa gas project:<\/strong> off the coast of the Northern Territory the Barossa gas project is in the water north of Tiwi. In April 2023, a group of Tiwi and Larrakia Traditional Owners filed a human rights complaint against the banks that lent to Santos, saying their human rights had been breached.<\/p>\n

The Narrabri gas project:<\/strong> Santos plans to drill 850 gas wells throughout the Pilliga Forest in NSW despite years of opposition from Gomeroi Traditional Owners and farmers.<\/p>\n

The Dorado oil and gas project<\/strong>: off the coast of Western Australia Santos announced this is Australia\u2019s second largest oil reserve despite the clear science confirming it is out of line with the Paris agreement.<\/p>\n

Papua LNG project:<\/strong> located in Papua New Guinea many organisations have raised the serious human rights and biodiversity risks associated with the project.<\/p>\n

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