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Petronas signs up with Gas Today

ASEAN LNG Trading (ALTCO), a subsidiary of Petronas, has inked a LNG sale and purchase agreement with Woodside Petroleum for the supply of uncommitted cargoes from the Pluto Gas Project, in Western Australia.
The agreement, through to 2014, involves the sale of 19 cargoes of LNG to ALTCO and is in addition to the existing LNG sale and purchase agreements with foundation customers Kansai Electric and Tokyo Gas. LNG facilities for the Pluto Gas Project will involve a single LNG production train at the Burrup LNG Park with forecast production of 4.3 MMt/a, with second and third trains expected to be added. Gas will be sourced from the Pluto and Xena fields located approximately 190 km northwest of Karratha, and piped to the trains via a 180 km, 914 mm offshore pipeline.

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