Woodside Petroleum (ASX:WPL) signs agreement for long-term LNG supply

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24Dec

Woodside Petroleum (ASX:WPL) signs agreement for long-term LNG supply

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Woodside Petroleum (ASX:WPL) has signed a 13 year deal with Uniper Global Commodities for the supply of liquefied natural gas.

They will initially supply up to 0.5 million tonnes per annum (Mtpa), increasing to approximately 1 Mtpa from 2025.

Supply from 2025 is conditional upon a final investment decision on the Scarborough development.

Shares in Woodside Petroleum (AX:WPL) trading 0.9 per cent higher at $35.05.

Copyright 2019 – Finance News Network


Source: Finance News Network

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