Woodside advises that its affiliate, Woodside Energy (USA) Inc. (WUSA), has entered into a
non-binding Memorandum Of Understanding (MOU) with Sempra LNG, an affiliate of Sempra Energy.
Under the non-binding MOU, WUSA and Sempra LNG will commence preliminary discussions
and assessments pertaining to the potential development of a natural gas liquefaction facility
at Port Arthur, Texas.
The potential Port Arthur Liquefaction Project is located about 140km east of Houston, at a site
previously permitted for a LNG regasification terminal.
The potential project would look to include two natural gas liquefaction trains with a total export
capability of approximately 10 million metric tons per annum, LNG storage tanks and marine
facilities for LNG ship berthing and loading.
Any decision by WUSA to proceed with a binding arrangement, including the establishment of
a joint venture or partnership with Sempra LNG in relation to the project, remains subject to
further due diligence and necessary internal and external approvals.
