NWS doubles gas sales to Japanese customer

THE North West Shelf joint venture has executed an agreement with Japan’s Tohoku Electric Power to supply an extra 500,000 tonnes of liquefied natural gas per year over an eight-year period starting from 2010.
NWS doubles gas sales to Japanese customer NWS doubles gas sales to Japanese customer NWS doubles gas sales to Japanese customer NWS doubles gas sales to Japanese customer NWS doubles gas sales to Japanese customer

The sales and purchase agreement follows a heads of agreement signed between the two parties in March this year.

The deal lifts the Woodside-led joint venture’s LNG sales to Tohoku Electric to about 1 million tonnes a year from 2010. The agreement also ensures the total volume is delivered on an ex-ship basis.

“We believe this to be a statement of confidence in safe, secure and reliable supplies of LNG from the North West Shelf,” North West Shelf Australia LNG president Peter Cleary said in a statement.

The six equal partners in the North West Shelf LNG Venture are Woodside Petroleum, BHP Billiton, BP, Chevron, Japan Australia LNG and Royal Dutch Shell.

loader