Woodside finalizes deal to supply Germany's Uniper with LNG from Scarborough
Oil and gas producer Woodside Petroleum Ltd said it has signed an agreement to supply liquefied natural gas (LNG) to German utility Uniper SE for 13 years starting 2021.
Under the agreement, Woodside said it would initially supply up to 0.5 million tons per annum (Mtpa) of LNG, which could increase to 1 Mtpa from 2025.
However, supply from 2025 remains conditional upon a final investment decision related to the company’s Scarborough project off northwestern Australia.
Woodside is looking to develop Scarborough to feed a new 5 Mtpa production unit, called a train, at its Pluto LNG plant in Western Australia.
The finalization of the deal follows Woodside’s announcement in September, when the two companies signed an initial agreement for LNG supply.
Reporting by Rashmi Ashok in Bengaluru; Editing by Shounak Dasgupta
- ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure
- U.S. Department of the Treasury releases final rules for clean hydrogen production tax credit
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Indonesia regulator confirms disruption at bp's Tangguh LNG project
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
Comments