Woodside Energy and Petronas sign 15-year LNG supply deal

  • Gas
  • June 18, 2025

Australia’s Woodside Energy and Malaysia multinational oil and gas firm Petronas have signed a non-binding Heads of Agreement for the supply for 1 million tonnes per annum (mtpa) to Malaysia for 15 years from 2028.

The agreement, signed by subsidiary Petronas LNG at the Energy Asia 2025 conference, is expected to support its efforts to ensure secure, flexible LNG supply to meet growing demand in Peninsular Malaysia and the broader Asia-Pacific region.

The parties are now working to convert the heads of agreement into a sales and purchase agreement.

The LNG would be supplied from Woodside’s global portfolio and “may include” the recently approved Louisiana LNG project in the US.

… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld

You’ve reached your weekly limit to access free articles!

Want to keep reading?

Please register for free and create a profile to gain access to this full article and gasworld’s daily news.

For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other gasworld archives, please consider subscribing.

Alternatively, you can continue reading more articles as a guest on Thursday, 19th June at 10:40AM

   

  • Related Posts

    • Gas
    • May 13, 2026
    Messer names new CEO in suite of leadership changes

    By 49 min ago 2 min read Industrial gas firm Messer has named a new CEO in a suite of changes to its leadership team. Bernd Eulitz, Deputy CEO since…

    • Gas
    • May 13, 2026
    E-fuels firm Liquid Wind is up for sale after declaring bankruptcy

    Örnsköldsvik project © Övik Energy By 33 min ago 2 min read Swedish green hydrogen-based e-fuel firm Liquid Wind and its subsidiaries are now up for sale after the firm…

    Have You Seen?

    Solar to Surpass Coal in Texas Power Generation in 2026, EIA Says

    • May 13, 2026
    Solar to Surpass Coal in Texas Power Generation in 2026, EIA Says

    US Energy Firms Pull Record Amounts of Crude From SPR Last Week, EIA Says

    • May 13, 2026
    US Energy Firms Pull Record Amounts of Crude From SPR Last Week, EIA Says

    US Crude and Gasoline Inventories Fell Last Week, Distillates Rose, EIA Says

    • May 13, 2026
    US Crude and Gasoline Inventories Fell Last Week, Distillates Rose, EIA Says

    BP Buys 40% Stake in Uzbek Oil and Gas Blocks

    • May 13, 2026
    BP Buys 40% Stake in Uzbek Oil and Gas Blocks

    IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production

    • May 13, 2026
    IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production

    Messer names new CEO in suite of leadership changes

    • May 13, 2026
    Messer names new CEO in suite of leadership changes

    E-fuels firm Liquid Wind is up for sale after declaring bankruptcy

    • May 13, 2026
    E-fuels firm Liquid Wind is up for sale after declaring bankruptcy

    Natural hydrogen firm secures €31m to carry out exploration campaign

    • May 13, 2026
    Natural hydrogen firm secures €31m to carry out exploration campaign

    Oil Little Changed as Trump Heads to China

    • May 13, 2026
    Oil Little Changed as Trump Heads to China

    US EIA Concedes Middle East Supply Disruptions are Far Worse Than Prior Estimates

    • May 13, 2026
    US EIA Concedes Middle East Supply Disruptions are Far Worse Than Prior Estimates