Original article by Elouise Fowler
The Australian Financial Review – Page: 16 : 28-Sep-21

Beach Energy will become Australia’s biggest LNG exporter after securing a five-year deal to supply 3.75 million tonnes of gas from its Waitsia project to BP’s Singapore unit. The deal will account for the entire expected output from the second stage of the onshore project in Western Australia. The spot price of LNG in Asia has surged in recent months, and Beach MD Matt Kay says the company had held back on selling its gas early in the COVID-19 pandemic as prices fell. Gas from Waitsia will be processed via the North West Shelf LNG plant.

CORPORATES
BEACH ENERGY LIMITED – ASX BPT, BP SINGAPORE PTE LTD, BP PLC