QatarEnergy locks in more US LNG through 20-year deal with Woodside
Woodside has struck a two-decade-long supply agreement with QatarEnergy for LNG from its project in Louisiana, United States (U.S.).
Australia’s energy giant Woodside has penned a long-term offtake deal with Qatar’s state-owned oil and gas giant QatarEnergy for U.S. liquefied natural gas (LNG) from its LNG development project in Calcasieu Parish, Louisiana, bolstering revenue certainty as the facility targets first production in 2029.
Woodside has signed a long-term sale and purchase agreement (SPA) with QatarEnergy for the supply of up to 3 million tonnes per annum (mtpa) of LNG for 20 years from the Louisiana LNG project, which is under construction near Lake Charles, Louisiana.
Liz Westcott, Woodside’s CEO and Managing Director, commented: “This landmark agreement brings together Woodside’s competitive US LNG project with QatarEnergy as a customer, one of the world’s leading energy companies. It is a strong vote of confidence in Louisiana LNG and represents a significant step in building the project’s long-term customer base.”
This project includes three trains with a combined capacity of 16.5 mtpa and is targeting first LNG in 2029. Woodside will supply into this agreement from its share of HoldCo volumes.
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