RWE and Australian Woodside sign agreement for LNG supply
édité le 22/02/2021 - Plus de news de RWE - Voir la fiche entreprise de RWE
RWE Supply & Trading GmbH andWoodside Energy Trading Singapore Pte Ltd have signed a sale and purchase agreement (SPA) for the supply of liquefied natural gas (LNG) from Woodsides global portfolio for a term of seven years commencing in 2025. The quantity of LNG to be supplied under the SPA is 0.84 million tonnes per annum. The SPA is not subject to final investment decision (FID) on any project.The agreement stands for continuation of the partnership between Woodside and RWE, established through existing mid-term and spot business in Asia-Pacific and the Atlantic basin.
Oz Woodside, RWE Sign LNG Pact
Australia’s Woodside has entered into a new sale and purchase agreement (SPA) with Germany’s RWE for the supply of 0.84mn metric tons/year of LNG for a term of seven years starting in 2025, it said on February 19.
The Australian company said the new SPA builds on a strong relationship developed through existing mid-term and spot business in Asia-Pacific and the Atlantic basin . The companies had inked an LNG deal in December 2018 which came into effect in the fourth quarter of 2020 and runs till December 2022. Woodside and RWE had signed a deal in October 2017 as well.