THE North West Shelf Venture has executed an agreement with Japan's Osaka Gas to supply an additional 500,000 tonnes of liquefied natural gas per annum over a six-year period starting from April 2009.
The sales and purchase agreement follows a heads of agreement signed between the two parties on December 21, 2006.
The deal lifts the Woodside-led JV's LNG sales to about 1.5MMtpa after 2009.
Osaka Gas has been a major customer of the NWSV since 1989.
The six equal partners in the NWSV are Woodside Petroleum, BHP Billiton, BP, Chevron, Japan Australia LNG and Royal Dutch Shell.
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