Woodside Energy Group (ASX:WDS) has signed an agreement with BP to supply natural gas to the Louisiana LNG project, according to a Thursday Australian bourse filing.
Under the agreement, GasCo, a unit of Louisiana LNG, has committed to purchase on a long-term basis up to 640 billion cubic feet of gas from BP for an ultimate delivery to Line 200 starting in 2029.
This agreement represents the first tranche of a diversified portfolio of feedgas that will support the project, enabled by the project's extensive interconnectivity to multiple producing basins and interconnecting pipelines, the filing said.
GasCo will be responsible for implementing the gas sourcing strategy to support the Louisiana LNG project, according to the filing.
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