Korea Gas Corporation (036460.KS)

Woodside Energy inks long-term LNG supply deal with South Korea

Under the supply deal, Woodside will supply about half a million tonnes of LNG per year for 10.5 years on a delivered basis, starting in 2026. LNG to be supplied to Korea Gas will be sourced from Woodside's global portfolio, including its $12 billion Scarborough gas project which is targeting its first LNG cargo in 2026, it said.