Offshore staff
PERTH, Australia – Woodside and Uniper Global Commodities have agreed to amend a sale and purchase agreement (SPA) negotiated in 2019 to double the supply of LNG provided by Woodside.
Initial volumes in 2021 will be up to 1 MM metric tons/y (1.1 MM tons), increasing to around 2 MM mt/yr (2.2 MMt) from 2026.
From 2025, the majority of supply is conditional on a final investment decision being taken on the Scarborough gas development offshore Western Australia: otherwise, the 13-year term of the SPA is unchanged.
Woodside CEO Peter Coleman said: “Scarborough is a globally competitive, capital efficient LNG development which supports the decarbonization ambitions of our customers.
“We expect the timing to be right for final investment decisions on Scarborough and Pluto Train 2 in the second half of this year…
“We have now secured long-term customers for over 40% of our expected Scarborough equity production.”
01/18/2021
