Woodside and RWE sign LNG supply agreement

Woodside Energy has signed a supply agreement with RWE for delivery of 12 cargoes between April 2018 and March 2020.
By Staff reporter 31 October 2017 0 28189

Australia’s Woodside Energy has signed a supply agreement with Germany’s RWE for delivery of 12 cargoes between April 2018 and March 2020, the company announced on Tuesday.

Woodside said 88% of its LNG production this year was committed to short- and long-term contracts, with the remaining volumes designated for spot sales.

At the end of H1 2017, 83% of the company’s expected LNG production in 2018 had been committed.

The company’s Pluto LNG project delivered 31 cargoes over the period, comprising about 2.3 mt of LNG, Platts reported.

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