LNG

January 19 (LNGJ) - Woodside Energy Trading Singapore, a unit of the Western Australian LNG plant operator, has signed a heads of agreement with Commonwealth LNG of the US to negotiate a sale and purchase agreement for the supply of cargoes from the proposed development in Cameron Parish in Louisiana.

   The accord contemplates the purchase by Woodside of 2 million tonnes per annum of LNG over a period of 20 years, scheduled to begin in the second quarter of 2026. Woodside would also have an option to purchase an additional 500,000 tonnes per annum. “This HOA with Commonwealth secures access to competitive LNG in the Atlantic Basin and provides Woodside with the ability to build market scale through acquiring low cost supply,” said Woodside Chief Executive Meg O’Neill.

Woodside Petroleum, the Australian LNG plant operator, has signed a firm supply agreement with Uniper Global Commodities, a unit of the Germany utility Uniper.