Santos Limited greenlights $357 million Moomba Central Optimisation project to cut costs, extend Cooper Basin gas output
ADELAIDE, March 11, 2026, 09:07 Santos Limited and Beach Energy have taken a final investment decision, the formal go-ahead to commit capital, on the Moomba Central Optimisation project in South Australia’s Cooper Basin. Santos said it will invest $357 million over three years to replace seven ageing gas-driven compressor stations with a single electric-driven hub and add new capacity at the Moomba gas plant.