Woodside Petroleum Limited
(ASX:WPL) has signed a sales agreement with Korea Gas Corporation. The three year deal is subject to government approval and allows a maximum supply of 2.2 million tonnes of previously uncommitted volumes of liquefied natural gas from Woodside’s Pluto plant in Western Australia.
The announcement says other terms of the agreement are commercial-in-confidence. The deal is set to start in April 2014.
Woodside Petroleum recorded a net profit of over $2 billion in 2013.
