Woodside and Uniper sign LNG supply agreement.

Australian energy leader Woodside inked two agreements with Uniper to obtain 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from both its Louisiana LNG project and its global portfolio managed by Woodside Energy Trading Singapore. The deals demonstrate international demand for LNG while moving Woodside's Louisiana LNG project closer to its final investment decision (FID).

The Louisiana LNG project consisting of three production trains will provide Uniper with 1 million tons of LNG per year during 13 years starting from the project's operational phase. Woodside Energy Trading Singapore will also supply Uniper with up to 1 mtpa of LNG from its international resources from 2030 until 2039. The agreements will enter into effect after FID approval and they will boost Woodside's access to Atlantic and Pacific LNG markets.

The milestone achievement was highlighted by Woodside CEO Meg O'Neill who said "These agreements with Uniper advance our long-standing partnership and reflect Woodside's reputation as a reliable LNG provider. The Louisiana LNG development utilizes strong U.S. gas reserves together with an ideal location and premium engineering partnerships that build on our proven history of delivering successful projects." The deals expand Woodside's contract options by providing customers with flexible pricing mechanisms that match their requirements.

The Uniper CEO Michael Lewis demonstrated his positive stance toward the partnership through these words: "The acquisition of extra LNG from our trusted supplier Woodside strengthens our power supply security while supporting our flexible generation plan in Europe." The deal matches Uniper's strategy to create gas-fired power plants in Germany because of increasing renewable energy adoption.

Woodside completed a binding agreement with Stonepeak to sell a 40% stake in Louisiana LNG infrastructure which enhances investment returns in Gulf Coast LNG infrastructure. The project benefits from the U.S.'s abundant gas reserves and Woodside's expertise, positioning it to meet rising energy demands in Europe and beyond.

LNG maintains its essential status in worldwide energy supply systems because Europe needs dependable fuel sources due to current political transformations. Woodside strengthens its market position through Atlantic Basin development while maintaining its established Pacific operations. Uniper and Woodside form a partnership that solidifies Woodside's market leadership status while demonstrating the potential of Louisiana LNG to create long-term value pending the FID decision.