QatarEnergy signs 20-year deal to buy 3 mtpa of US LNG from Woodside's Louisiana project
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What happened
QatarEnergy said it agreed to buy 3 mtpa of LNG from Woodside Energy Investments' Louisiana LNG project under a 20-year contract beginning in 2030, with deliveries on FOB terms from the US Gulf Coast.
Why it matters
The agreement adds a new long-term source of LNG supply outside Qatar and expands QatarEnergy's future tradable portfolio with destination-flexible US-origin cargoes. It also links part of that portfolio to the execution timetable of an under-construction US export project and to future Gulf Coast shipping economics.
QatarEnergy announced on October 29 that it signed a long-term sale and purchase agreement with Woodside Energy Investments for 3 million tonnes per annum of LNG from the Louisiana LNG project in the United States. The volumes are to be supplied on a free-on-board basis starting in 2030 for 20 years. The agreement adds US-origin cargoes to QatarEnergy's portfolio and ties part of its future trading book to a project still under construction on the US Gulf Coast.
Watch for
Woodside Energy Investments or Woodside Energy filing after 2026-10-30 that specifies SPA effective conditions or project contracting milestones for Louisiana LNG QatarEnergy Trading or QatarEnergy executive statement by 2026-11-02 on intended destination flexibility or portfolio use of the 3 mtpa volumes US Federal Energy Regulatory Commission docket activity after 2026-10-30 tied to Louisiana LNG construction, authorization compliance, or related infrastructure No Woodside update by 2026-11-02 on Louisiana LNG financing or major EPC progress following the SPA announcement
Sources
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