Woodside Energy Trading Singapore and Petronas LNG have officially signed a 15-year liquefied natural gas (LNG) sale and purchase agreement. This agreement will see Woodside supply 1 million tonnes of LNG per year to Malaysia, with deliveries commencing in 2028.
This finalization follows a preliminary agreement announced in June, solidifying a significant long-term revenue stream for Woodside. The LNG will be supplied from Woodside’s global portfolio, demonstrating its robust production capabilities.
The deal reflects the companies' mutual intent to enhance cooperation within the LNG value chain and strengthens Woodside's market position in Southeast Asia. This is a key step in securing future demand for Woodside's products.
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