Original article by Brian Robins
The Australian Financial Review – Page: 17 : 2-Jul-14
A LNG marketing and trading division was established by Australian-listed Woodside Petroleum in 2011. After recently abandoning a planned major investment in a gas field offshore Israel, Woodside has now boosted the trading arm by signing a deal with US group Cheniere Energy. The latter will supply 850,000 tonnes of LNG annually for two decades and possibly a third, from its Corpus Christi facility in Texas. Woodside will buy the gas for 15% above the domestic US spot price and an additional $US3.50 per million British thermal units
CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, CHENIERE ENERGY INCORPORATED, BG GROUP PLC, BP PLC, CREDIT SUISSE (AUSTRALIA) LIMITED