Woodside, Pertamina sign HOA for LNG supply

By Ruli Setiawan

Woodside Energy Trading Singapore Pte Ltd announced Thursday it has signed a Heads of Agreement (HOA) with Indonesia?s state-owned oil and gas firm PT Pertamina 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).

Woodside said in a statement that the HOA remains conditional upon the negotiation and execution of a fully termed LNG sales and purchase agreement and obtaining all necessary approvals (including the relevant Woodside and Pertamina board approvals).

Editing by Reiner Simanjuntak