Woodside Clarifies on Discussions with Apache for Pluto LNG 2

Recent reports from the UBS global oil & gas conference in Texas have quoted Apache Corporation as stating that it "now expects to sell gas from its Julimar prospect exclusively to Woodside's Pluto Phase II LNG facility."

Woodside advises that it has signed a non-binding letter with Apache Northwest Pty Ltd and Kufpec Australia Pty Ltd setting out key principles to facilitate negotiation on a non-exclusive basis of definitive agreements for the sale of gas from the Apache-operated Julimar and Brunello fields (in permit WA-356-P) through a Woodside-operated Pluto LNG Train 2 at Karratha.

As previously advised, Woodside continues to discuss Pluto Train 2 options with a number of parties in the Carnarvon Basin area.