8 May 2024
Woodside signals its US LNG volumes will be loss-making until 2023, takes oil price hit
Publication date: 14 July 2020
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
Woodside Petroleum is taking a hit of USD 447 million on its LNG sales and purchase agreement (SPA) with Cheniere Energy, as part of a wider asset value review that will see the Australian company sink to a post-tax loss of USD 4.37 billion in upcoming financial results. The “onerous contract provision” for the Corpus Christi SPA indicates ...
Photo: LNG vessel loading at Corpus Christi (credit Cheniere)