Search

Woodside agrees key terms with Pluto LNG customers

Woodside has agreed key commercial terms with North Asian customers for the supply of liquefied natural gas from its 100 per cent-owned Pluto gas field in Western Australia.
The terms cover combined sales of between 3.5 and 4 million tonnes of LNG a year for 15 years from the end of 2010, with an option to extend for a further five years.
Heads of agreements are due to be signed over the next few months with sales and purchase agreements to be negotiated by the end of 2006. These agreements will be conditional on a final investment decision by Woodside in 2007.
Woodside's Pluto LNG Director, Lucio Della Martina, said discussions were also progressing with potential customers in the United States for additional Pluto volumes.
The Pluto LNG development is based on the Pluto discovery in permit WA-350-P, 190km northwest of Karratha. The field was discovered in April this year.
Today's announcement and further increases in the oil price helped Woodside's shares advance 48 cents to $36.38.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Add your comment

BNIQ sponsored byLPC cresa

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
216thWoodside Petroleum35%5%
259thSouth3226%0%
363rdMineral Resources6%12%
397thIluka Resources1%-1%
612thFortescue Metals Group-29%3%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/08/18
$22k Bought
31/08/18
$23k Bought
31/08/18
$20k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st↑South32$10,519.6m
2nd↓Fortescue Metals Group$9,358.7m
3rd-Woodside Petroleum$5,050.0m
4th-Mineral Resources$1,706.7m
5th↑Iluka Resources$1,079.2m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Woodside Petroleum

1stPeter Coleman$7.555m
18thRobert Edwardes$1.668m
39th​Reinhardt Matisons$1.114m
Ranked by total remuneration from all listed WA companies

BNiQ Disclaimer