Media Release | Proposed acquisition of Santos | 16 June 2025

Senator James Paterson
Acting Shadow Treasurer

Senator Susan McDonald

Shadow Minister for Resources

The Hon Dan Tehan MP

Shadow Minister for Energy

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JOINT MEDIA RELEASE

Monday 16 June 2025

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Proposed acquisition of Santos

The Coalition notes the proposed acquisition of Santos, which operates critical energy infrastructure in Australia.

The role of the Foreign Investment Review Board will be important, but ultimately, the Treasurer must be clear with the Australian people about whether this transaction is in the national interest and explain why.

The Australian public has a right to know what this deal means for energy security, for Australian jobs, and for the long-term control of our key economic assets.

The Coalition will consider the details carefully as they emerge, but we believe national interest must be more than a checkbox. It must be a serious and robust test, especially in a strategic sector like energy.

ENDS

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