Australia: Woodside Signs Pluto LNG Supply Agreement with Petronas

Woodside has signed an LNG Sale and Purchase Agreement with Asean LNG Trading Co. Ltd (ALTCO), a subsidiary of Petronas International Corporation Ltd, for the supply of uncommitted cargoes from the foundation Pluto LNG Project.

The agreement involves the sale of up to 19 cargoes to ALTCO through to 2014.

This LNG supply agreement is in addition to the existing LNG Sale and Purchase Agreements with foundation customers Kansai Electric and Tokyo Gas.

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Source: Woodside, January 28, 2011;