WPL 0.85% $22.81 woodside petroleum ltd

News: WPL Woodside Petroleum Signs Agreement For Domestic Gas Supply

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    Nov 20 (Reuters) - Woodside Petroleum Ltd (WPL) :

    • WOODSIDE SIGNS AGREEMENT FOR LONG-TERM DOMESTIC GAS SUPPLY
    • ENTERED INTO A LONG-TERM GAS SALE AND PURCHASE AGREEMENT (GSPA) WITH PERDAMAN CHEMICALS AND FERTILISERS PTY LTD
    • GSPA IS FOR A QUANTITY OF APPROXIMATELY 125 TJ OF GAS PER DAY
    • GSPA IS FOR A QUANTITY OF APPROXIMATELY 125 TJ OF GAS PER DAY FOR USE IN PERDAMAN'S PROPOSED UREA PLANT
    • AGREEMENT IS SUBJECT TO A NUMBER OF CONDITIONS AND SUPPLY WILL COMMENCE BETWEEN 2023 AND 2025
    • AGREEMENT FOR SUPPLY OF PIPELINE GAS FOR A TERM OF 20 YEARS
    • GAS WILL BE SUPPLIED FROM WOODSIDE'S PORTFOLIO AND PRIMARILY SOURCED FROM WOODSIDE'S PROPOSED SCARBOROUGH DEVELOPMENT
    • PERDAMAN IS PROPOSING TO BUILD A TWO MILLION TONNE PER ANNUM UREA PLANT ON BURRUP PENINSULA
 
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