By OGJ editors
HOUSTON, Mar. 22 -- Woodside Energy Ltd. has signed an agreement with Kansai Electric Power Co. Inc. of Japan to supply 1.75 million-2 million tonnes/year of LNG for 15 years from its 100%-owned Pluto gas field off Western Australia.
The agreement, conditional on Woodside's final Pluto investment decision, starts at the end of 2010 and includes an option to extend for 5 years.
It allows Kansai Electric to purchase a 5% equity interest in Pluto field, which lies 190 km northwest of Karratha in permit WA-350-P (OGJ, Mar. 6, 2006, p. 20).