Woodside Energy signs gas supply agreement for Louisiana LNG

Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. This agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project’s extensive interconnectivity to multiple producing basins and inter-connecting pipelines. Under the agreement, Louisiana LNG Gas Management LLC (GasCo), a wholly owned subsidiary of Louisiana LNG LLC, has committed to purchase on a long-term basis up to 640 billion cubic feet of gas from bp for an ultimate delivery to Line 200 beginning in 2029. GasCo will be responsible for implementing the gas sourcing strategy to support the Louisiana LNG project.