MARKETS

Woodside Energy to buy Mexican LNG in 20-year deal

Australia’s Woodside Energy is eyeing more flexibility in its global liquefied natural gas (LNG) supply portfolio after signing a deal to buy 1.3 million tonnes per year (t/y) from Mexico Pacific’s Saguaro Energia LNG Project. Significantly, the export project is close to LNG hungry Asian markets. 

Colin Hay
 Woodside's LNG export complex in Western Australia

Woodside's LNG export complex in Western Australia

The purchase agreement is equivalent to approximately 18 cargoes per year of LNG for 20 years and is conditional on a final investment decision (FID) for a third liquefaction train at the Saguaro Energia...

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