Woodside Energy Trading Singapore Pte Ltd (‘Woodside Singapore’) has entered into a long-term LNG sale and purchase agreement (‘SPA’) with PT Pertamina (Persero) (‘Pertamina’) for the supply of LNG commencing in 2019.

Woodside Singapore has committed to supply initial ramp up quantities building to approximately 0.6 million tonnes per annum from 2022 to 2034, and has the option to increase the supply to approximately 1.1 million tonnes per annum from 2024 to 2038.

LNG to be supplied to Pertamina under the SPA will be sourced from Woodside’s global portfolio and will result in Woodside becoming a significant supplier of LNG to Indonesia.

Woodside CEO Peter Coleman welcomed the finalisation of the SPA with a respected company in a competitive LNG market.

“Our track record as a reliable supplier of LNG and the proximity of our key sources of LNG to Indonesia were key to achieving this deal. As more regional buyers enter the market, we are well placed to become the supplier of choice,” he said.

Pertamina is an Indonesian Government-owned integrated oil and gas company. Its operations comprise upstream, midstream and downstream businesses.

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 (Persero)

Pertamina is Indonesia’s leading integrated energy company. We are committed to an ongoing process of transformation and continuous improvement with the objective to achieve global standards of operational, environmental, and corporate performance. Our businesses include exploration and production (oil and gas), refining, manufacturing and marketing of oil products and petrochemicals. We are also engaged in the development of biofuels, geothermal power and other sustainable alternative energy sources.