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Woodside signs energy deal with Indonesian buyer

Oil and gas producer Woodside Energy has struck a long-term sales and purchase agreement with Indonesian oil and gas company PT Pertamina for the supply of liquefied natural gas (LNG), starting in 2019.

Woodside said on Tuesday that the company has committed ramp-up to supply some 0.6-million tonnes a year of LNG from 2022 to 2023, and has the option to increase the supply to around 1.1-million tonnes a year from 2024 to 2038.