Connection

popular articles

France readjusts photovoltaic targets in energy roadmap
Historic Reduction of Coal Share in Australia’s Energy Mix by End of 2024
Eni and PETRONAS announce joint venture project to create a major player in Southeast Asia
Orrön Energy’s strategic expansion into renewables
Niger faces an unprecedented gasoline shortage

Woodside signs LNG supply agreements with Uniper for 2 million tonnes per year

Woodside has signed LNG sale and purchase agreements with Uniper, securing the supply of 2 million tonnes per year, confirming strong global demand for LNG.
  • [favorite_button]

Please share:

Woodside Energy has signed LNG sale and purchase agreements with Uniper, covering a total volume of 2 million tonnes per year. These agreements include 1.0 million tonnes per year from the Louisiana LNG LLC project, along with a similar volume from Woodside’s global portfolio via Woodside Energy Trading Singapore Pty. Ltd. These commitments reflect the strong current demand for LNG, particularly in Europe, where energy security remains a key issue.

Supply Agreements and Energy Security

Woodside CEO Meg O’Neill stated that these agreements represent a significant milestone in advancing the Louisiana LNG project toward a final investment decision (FID). “We are pleased to strengthen our long-standing partnership with Uniper through these supply agreements, which demonstrate our reputation as a reliable and flexible LNG provider,” added O’Neill. The Louisiana LNG project, Woodside’s largest growth initiative, benefits from substantial gas resources in the United States and top-tier technological partners.

Contract Details and Terms

Woodside plans to deliver 1.0 million tonnes per year of LNG on a free-on-board basis for up to thirteen years from the commercial operations date (COD) of the Louisiana LNG project. Additionally, an extra volume will be supplied to Uniper from Woodside’s global portfolio on a delivered ex-ship basis, with a contract term extending until 2039. These agreements are, however, contingent on Woodside’s final investment decision for the first phase of the project, which is set to have a total capacity of 16.5 million tonnes per year.

Uniper and Strategic Cooperation

Michael Lewis, CEO of Uniper, emphasized the strategic importance of this agreement for securing LNG supplies in Europe, particularly in supporting energy transition and industrial competitiveness. “Woodside is a key supplier to us, and this new agreement further strengthens our long-term cooperation,” he stated. This partnership complements existing LNG deliveries to Europe and meets the growing demand for reliable and competitive energy sources in a context of high LNG demand.

Register free of charge for uninterrupted access.

Publicite

Latest news

ArcLight takes majority control of NGPL amid rising energy demand
42% growth in small modular reactor pipeline driven by data centre demand
RWE begins construction of its second solar farm in Ohio
Greencoat Renewables sells 116 MW Irish wind portfolio for €156mn
Zambia launches construction of 50 MW Cooma solar power plant

Recently published in

ArcLight takes majority control of NGPL amid rising energy demand

The fund managed by ArcLight Capital Partners has acquired 25% of Natural Gas Pipeline Company of America, bringing its total stake to 62.5% alongside Kinder Morgan.
LNG Energy Group targeted by trade ban after delayed filing
The Ontario Securities Commission has imposed a trading suspension on LNG Energy Group due to the non-filing of its annual financial statements for fiscal year 2024.
en_1140290946540-6
LNG Energy Group targeted by trade ban after delayed filing
The Ontario Securities Commission has imposed a trading suspension on LNG Energy Group due to the non-filing of its annual financial statements for fiscal year 2024.
en_1140290946540-6
NRG Energy acquires 25 GW of capacity in $12 billion deal
NRG Energy acquires energy assets from LS Power, including 18 natural gas power plants, to strengthen its portfolio amid expected growth in U.S. electricity demand.
en_1140290957540-6
NRG Energy acquires 25 GW of capacity in $12 billion deal
NRG Energy acquires energy assets from LS Power, including 18 natural gas power plants, to strengthen its portfolio amid expected growth in U.S. electricity demand.
en_1140290957540-6
Woodway Energy appoints Diaco Aviki as CEO to drive growth
Diaco Aviki succeeds Thomas King at the helm of Woodway Energy Infrastructure amid expansion of its natural gas infrastructure in Texas.
en_1140290958540-2
Woodway Energy appoints Diaco Aviki as CEO to drive growth
Diaco Aviki succeeds Thomas King at the helm of Woodway Energy Infrastructure amid expansion of its natural gas infrastructure in Texas.
en_1140290958540-2

The European Union plans to ban all Russian gas imports by the end of 2027

Brussels announces a full exit from Russian gas by the end of 2027, despite a remaining 9% dependency and pressure on the global liquefied natural gas market.
SiEnergy acquires EPCOR’s Texas gas business for $60mn
US-based SiEnergy strengthens its footprint around Houston by acquiring Hughes Gas Resources, an EPCOR subsidiary, for $60mn, expanding its natural gas asset portfolio.
en_1140290946540
SiEnergy acquires EPCOR’s Texas gas business for $60mn
US-based SiEnergy strengthens its footprint around Houston by acquiring Hughes Gas Resources, an EPCOR subsidiary, for $60mn, expanding its natural gas asset portfolio.
en_1140290946540
Commonwealth LNG signs 20-year deal with major Asian buyer
US-based Commonwealth LNG has secured a 20-year supply agreement for 1 million tonnes of LNG per year with a major Asian company, reinforcing the development of its Louisiana terminal.
en_1140290951540
Commonwealth LNG signs 20-year deal with major Asian buyer
US-based Commonwealth LNG has secured a 20-year supply agreement for 1 million tonnes of LNG per year with a major Asian company, reinforcing the development of its Louisiana terminal.
en_1140290951540
Natural gas demand in Southeast Asia to surpass oil and coal by 2050
Driven by economic growth and renewable energy limitations, natural gas consumption in Southeast Asia is expected to nearly double by 2050, according to Wood Mackenzie.
en_1140290949540
Natural gas demand in Southeast Asia to surpass oil and coal by 2050
Driven by economic growth and renewable energy limitations, natural gas consumption in Southeast Asia is expected to nearly double by 2050, according to Wood Mackenzie.
en_1140290949540

ExxonMobil signs gas exploration deal with Egypt for two offshore blocks

Egypt signed a memorandum with ExxonMobil to restart natural gas exploration in the Mediterranean on the Cairo and Masry blocks amid a sharp decline in domestic production.
Golar signs 20-year deals in Argentina for two FLNG units totalling $13.7bn
Golar LNG finalised long-term charter agreements with Southern Energy S.A. for two FLNG units offshore Argentina, generating a projected order backlog of $13.7bn.
en_1140290980540-2
Golar signs 20-year deals in Argentina for two FLNG units totalling $13.7bn
Golar LNG finalised long-term charter agreements with Southern Energy S.A. for two FLNG units offshore Argentina, generating a projected order backlog of $13.7bn.
en_1140290980540-2
Up to 3.5 million m³ of gas redirected to Brazil’s spot market in 2025
Brazil's gas market shifts toward spot contracts, driven by pricing gaps and greater contractual flexibility for local distributors.
en_1140290980540
Up to 3.5 million m³ of gas redirected to Brazil’s spot market in 2025
Brazil's gas market shifts toward spot contracts, driven by pricing gaps and greater contractual flexibility for local distributors.
en_1140290980540
Naftogaz receives €270 million from EBRD to bolster gas reserves in Ukraine
Ukraine will receive a €270 million loan from the European Bank for Reconstruction and Development, backed by a Norwegian grant, to secure gas imports over two winters.
en_1140290971540
Naftogaz receives €270 million from EBRD to bolster gas reserves in Ukraine
Ukraine will receive a €270 million loan from the European Bank for Reconstruction and Development, backed by a Norwegian grant, to secure gas imports over two winters.
en_1140290971540

CH4 receives EXIM award for 300 MW gas-to-power project in Guyana

The natural gas-to-electricity project led by CH4 Systems with several partners has been recognised by the Export-Import Bank of the United States for its energy and economic impact in Guyana.
Subsea7 and SLB OneSubsea awarded EPCI contract by bp for Ginger in Trinidad and Tobago
Bp awards a contract valued between $150mn and $300mn to Subsea Integration Alliance to develop the offshore Ginger field under a new global framework agreement.
en_1140290947540-18
Subsea7 and SLB OneSubsea awarded EPCI contract by bp for Ginger in Trinidad and Tobago
Bp awards a contract valued between $150mn and $300mn to Subsea Integration Alliance to develop the offshore Ginger field under a new global framework agreement.
en_1140290947540-18
Oman signs 15-year deal with Amigo LNG to diversify LNG supply sources
OQ Trading has signed a long-term sales agreement with Amigo LNG in Mexico to purchase 0.6 million tonnes of liquefied natural gas annually, with deliveries scheduled to begin in 2028.
en_1140290952540-17
Oman signs 15-year deal with Amigo LNG to diversify LNG supply sources
OQ Trading has signed a long-term sales agreement with Amigo LNG in Mexico to purchase 0.6 million tonnes of liquefied natural gas annually, with deliveries scheduled to begin in 2028.
en_1140290952540-17
Ukrainian gas production falls by 50% after Russian strikes
Russian attacks on Ukrainian gas infrastructure have halved national production, pushing Kyiv to seek alternative import sources to secure winter supply.
en_1140290955540-16
Ukrainian gas production falls by 50% after Russian strikes
Russian attacks on Ukrainian gas infrastructure have halved national production, pushing Kyiv to seek alternative import sources to secure winter supply.
en_1140290955540-16

Woodside approves a $17.5bn investment for an LNG project in Louisiana

Woodside approves the development of a 16.5 Mtpa LNG facility in Louisiana, marking a key milestone in its global expansion strategy with production targeted for 2029.
JERA and Saibu Gas join forces to optimise the operation of the Hibiki LNG terminal
JERA and Saibu Gas have reached an agreement to jointly use the Hibiki LNG terminal to secure liquefied natural gas supply and support their global business development.
en_1140290958540-15
JERA and Saibu Gas join forces to optimise the operation of the Hibiki LNG terminal
JERA and Saibu Gas have reached an agreement to jointly use the Hibiki LNG terminal to secure liquefied natural gas supply and support their global business development.
en_1140290958540-15
Calpine entrusts ExxonMobil with storage of 2 million tonnes of CO2 per year
Calpine and ExxonMobil have signed an agreement to transport and store up to 2 million tonnes of CO2 per year from a natural gas power plant near Houston.
en_1140290951540-15
Calpine entrusts ExxonMobil with storage of 2 million tonnes of CO2 per year
Calpine and ExxonMobil have signed an agreement to transport and store up to 2 million tonnes of CO2 per year from a natural gas power plant near Houston.
en_1140290951540-15
Ecopetrol seeks partners after Shell’s withdrawal from gas projects
Ecopetrol is developing a strategy to ensure the continuity of its offshore gas projects in the Caribbean following Shell's strategic withdrawal.
en_1140290992540
Ecopetrol seeks partners after Shell’s withdrawal from gas projects
Ecopetrol is developing a strategy to ensure the continuity of its offshore gas projects in the Caribbean following Shell's strategic withdrawal.
en_1140290992540

Saudi Arabia reduces crude consumption for power generation by 2030

Saudi Arabia plans to reduce its reliance on oil for electricity generation by using more natural gas. This change could free up to 350,000 barrels of crude per day by 2030.
Miami LNG rebrands as Sawgrass LNG & Power to reinforce its diversified energy strategy
The Miami-based liquefied natural gas (LNG) provider announces its name change, marking its expansion into energy solutions while consolidating its commitment to reliable and affordable LNG solutions.
en_1140290954540-14
Miami LNG rebrands as Sawgrass LNG & Power to reinforce its diversified energy strategy
The Miami-based liquefied natural gas (LNG) provider announces its name change, marking its expansion into energy solutions while consolidating its commitment to reliable and affordable LNG solutions.
en_1140290954540-14
Morocco Invests in Its First LNG Terminal to Strengthen Energy Security
Morocco is implementing a liquefied natural gas (LNG) terminal project at Nador West Med to diversify its energy supply sources and reduce its dependence on coal.
en_1140290960540-13
Morocco Invests in Its First LNG Terminal to Strengthen Energy Security
Morocco is implementing a liquefied natural gas (LNG) terminal project at Nador West Med to diversify its energy supply sources and reduce its dependence on coal.
en_1140290960540-13
Baker Hughes reports record orders for IET despite a drop in cash flow
Baker Hughes posted strong quarterly results, driven by a 9% increase in orders for its Industrial & Energy Technology division, despite a 50% drop in cash flow during the same period.
en_1140290947540-14
Baker Hughes reports record orders for IET despite a drop in cash flow
Baker Hughes posted strong quarterly results, driven by a 9% increase in orders for its Industrial & Energy Technology division, despite a 50% drop in cash flow during the same period.
en_1140290947540-14

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS