Woodside signs energy deal with Indonesian buyer

Oil and gas producer Woodside Energy has struck a long-term sales and purchase agreement with Indonesian oil and gas company PT Pertamina for the supply of liquefied natural gas (LNG), starting in 2019. Woodside said on Tuesday that the company had committed to ramp up supply to about 600 000 t/y of LNG from 2022 to 2023, with the option of increasing supply to about 1.1-million tonnes a year from 2024 to 2038.