Woodside Energy Trading Singapore Pte Ltd has signed a Heads of Agreement (HOA) with PT Pertamina (Persero) for the supply of approximately 0.5 to 1.0 million tonnes of LNG per annum from Woodside’s LNG portfolio for a period of 15 to 20 years (commencing in 2019).
This HOA remains conditional upon the negotiation and execution of a fully termed LNG sales and purchase agreement and obtaining all necessary approvals (including the relevant Woodside and Pertamina board approvals).
About Woodside
Woodside is Australia’s largest independent oil and gas company, with a proud history of safe and reliable operations spanning decades.
As the largest operator of oil and gas in Australia, Woodside produces around 900,000 barrels of oil equivalent each day from a portfolio of facilities which we operate on behalf of some of the world’s major oil and gas companies.
About Pertamina
Pertamina (PERSERO) as a state-owned company to carry out integrated business core in oil, gas, renewable and new energy based on strong commercial principles both inside and outside the country, Pertamina strives to provide the best and a real contribution to the welfare of the nation in utilizing every potential of Indonesia.