Gulf Oil and Gas accountACCOUNT

Woodside Signs Agreement for Long Term Domestic Gas Supply

Source: www.gulfoilandgas.com 11/20/2018, Location: Not categorized

Woodside Energy Ltd (Woodside) has entered into a long-term gas sale and purchase agreement (GSPA) with Perdaman Chemicals and Fertilisers Pty Ltd (Perdaman) for the supply of pipeline gas for a term of 20 years.

The GSPA is for a quantity of approximately 125 TJ of gas per day for use in Perdaman’s proposed urea plant. Gas will be supplied from Woodside’s portfolio and primarily sourced from Woodside’s proposed Scarborough development. The agreement is subject to a number of conditions and supply will commence between 2023 and 2025.

Execution of the GSPA follows a memorandum of understanding signed between Woodside and Perdaman in April 2018.

Woodside CEO Peter Coleman welcomed the finalisation of the GSPA and said it demonstrated the company’s commitment to delivering domestic gas to further support investment in the Pilbara region and create local jobs.

“This is a significant domestic gas sale and represents another step towards the delivery of the proposed Burrup Hub. The realisation of our vision for the hub will ensure that the world-class North West Shelf and Pluto facilities on the Burrup Peninsula are positioned to meet both domestic gas and global LNG demand for decades to come,” he said.

Perdaman is based in Western Australia and is proposing to build a two million tonne per annum urea plant on the Burrup Peninsula. Perdaman is part of the multi-national Perdaman Group.

Natural Gas News in Australia >>

Qatar >>  12/10/2018 - Australia overtook Qatar as the world’s largest exporter of liquefied natural gas (LNG) for the first time in November, data from Refinitiv Eikon show...
Russia >>  11/30/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Norbert Konkoly, Ambassador Extraordinary and Plenipotentia...

United Kingdom >>  11/29/2018 - PETRONAS through its subsidiary, PETRONAS LNG Ltd (PLL) and Vitol Asia Pte Ltd (Vitol) signed binding Heads of Agreement (HOA) for long-term liquefied...
Russia >>  11/28/2018 - A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Turkmenistan today. ...

United Kingdom >>  11/23/2018 - The report 'H21 North of England' published, sets out how 3.7 million homes and 40,000 businesses in the north of England, currently heated by natural...
Russia >>  11/21/2018 - The Gazprom Board of Directors took note of the information about the impacts of the events of 2018 on the long-term outlook for the global energy mar...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Australia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.