Woodside’s long term gas sale and purchase agreement

Allens has advised Woodside Energy Ltd on its gas sale and purchase agreement with Perdaman Chemicals and Fertilisers Pty Ltd for the supply of domestic pipeline gas for a term of 20 years.

The long-term, high-volume gas sale and purchase agreement will underpin the development of Perdaman’s proposed urea plant on the Burrup Peninsula near Karratha, Western Australia.

Under the agreement, Woodside will provide Perdaman with approximately 125 terajoules of gas per day, sourced primarily from Woodside’s proposed Scarborough development. This is estimated to be approximately 12 per cent of Western Australia’s current gas demand.

Woodside Energy Ltd., an oil and gas company, explores, develops, produces, and supplies oil and gas. The company, led by Peter John Coleman, operates floating oil production, storage, and offloading vessels in Australia.

Allens advised Woodside Energy Ltd with a team including Tracey Greenaway (Picure) and Jacqui Rowell.

Involved fees earner: Tracey Greenaway – Allens; Jacqui Rowell – Allens;

Law Firms: Allens;

Clients: Woodside Energy Ltd ;

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Author: Michael Patrini