Pertamina, Woodside sign LNG deal
Wednesday, September 20 2017 - 02:16 AM WIB
By Godang Sitompul
State-owned oil and gas firm PT Pertamina signed on Monday an LNG sales and purchase agreement (SPA) with Australia?s Woodside Energy, according to a source.
The source told Petromindo.com on Tuesday that the SPA was signed by Pertamina Director of Gas, Yenni Handayani and Woodside CEO Peter Coleman.
He said that the SPA was signed following heads of agreement (HOA) made by the two firms in April of last year.
Woodside Energy Trading Singapore Pte Ltd and Pertamina signed on April 13, 2016 HOA for the supply of approximately 0.5 to 1.0 million tons of LNG per annum from Woodside?s LNG portfolio for a period of 15 to 20 years (commencing in 2019).
Editing by Reiner Simanjuntak