Australian company strikes 20-year deal with Commonwealth LNG

(Courtesy Commonwealth LNG)

Australian energy major Woodside Energy has struck two binding LNG sales agreements with the Commonwealth LNG export terminal project in Cameron Parish, reports Mining Weekly.

The two sale and purchase agreements converted two previous non-binding heads of agreement and cover the supply of up to 2.5-million tons a year of LNG over a 20-year period from Commonwealth’s export facility under development in Cameron Parish.

First LNG deliveries are expected to start in mid-2026, and the sales and purchase agreements will become fully effective upon the satisfaction of customary conditions including an affirmative final investment decision on the project. Read the entire story.