Woodside Energy has agreed to supply LNG to Europe through a deal with Uniper, the companies said in a joint release Apr. 17.
Official word comes a day after Woodside responded to media speculation in an Apr. 16 release about a potential deal, confirming then that it was in discussions with Uniper about LNG supply, but that no final agreements had been reached on terms.
The now-official terms call for Louisiana LNG LLC to supply 1.0 million tonnes/year (tpy) of LNG on a free-on-board basis for up to 13 years from the commercial operations date (COD) of Louisiana LNG. In addition, Woodside Energy Trading Singapore Pty. Ltd. will supply up to 1.0 million tpy of LNG on a delivered ex-ship basis from Woodside’s global portfolio into Europe beginning with Louisiana LNG’s COD over a term until 2039.
The agreements are subject to Woodside’s final investment decision (FID) on the three-train, 16.5 million tpy foundation development of Louisiana LNG in Calcasieu Parish, La. In the release, Woodside chief executive officer Meg O’Neill said the agreements help move the Louisiana LNG towards that FID (OGJ Online, Apr. 7, 2025).
Michael Lewis, Uniper’s chief executive officer, said Woodside is currently one of its largest LNG suppliers.