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11 Jul 2024

Australia’s Woodside Energy Inks Deal to Supply LNG to Taiwan

11 Jul 2024  by channelnewsasia   

FILE PHOTO: Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo
Australia's Woodside Energy has signed a deal with Taiwanese state-owned natural gas firm CPC Corporation to supply liquefied natural gas for a period of 10 years to Taiwan, the company said on Thursday.

Woodside will deliver 6 million tonnes of LNG over the period, starting from July.

The company may supply another 8.4 million tonnes of LNG to CPC from 2034 to 2043, subject to conditions and agreement on terms for this period, it said.

LNG supplied to CPC will be sourced from Woodside's global portfolio, it added.

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