Woodside Energy Trading Singapore (Woodside) is negotiating a sale and purchase agreement for the supply of liquified natural gas (LNG) from Commonwealth LNG’s proposed export terminal in Louisiana, US.
Under a heads of agreement (HOA) inked today (19th Jan), Woodside will look at the potential purchase of 2.0 million tonnes per annum (mtpa) of LNG over a 20-year period.
Looking beyond this, Woodside will also have the option to purchase an additional 0.5 mtpa.
If everything goes as planned, first deliveries of the LNG are expected to begin in Q2 2026. Woodside’s offtake obligation can be reduced or eliminated as Commonwealth LNG achieves increasing thresholds and offtake commitments from other buyers.
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