QatarEnergy to buy 3 MTPA of US LNG from Woodside under 20-year agreement
Tribune News NetworkDohaQatarEnergy entered into a long-term Sale and Purchase Agreement (SPA) with Woodside Energy (LA) Investments LLC (Woodside Energy) for the purchase of 3 mil...
QatarEnergy has signed a 20-year agreement with Woodside Energy to purchase 3 million tonnes per annum of liquefied natural gas (LNG) from the Louisiana LNG project in the United States. The sale and purchase agreement, or SPA, was signed by QatarEnergy's Minister of State for Energy Affairs and President and CEO, HE Saad Sherida Al Kaabi, and Woodside Energy's CEO and Managing Director, Liz Westcott.
The LNG deliveries are expected to commence in 2030 and will be on a free on board, or FOB, basis. Al Kaabi stated that this agreement strengthens QatarEnergy's position as the largest buyer of LNG from the US and supports the company's strategy for long-term growth and diversification in the LNG industry.
Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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