LNG in World Markets: Woodside Puts Viva Energy Ahead in Import Race

LNG in World Markets

Viva Energy has signed an LNG supply and regasification pact with Woodside, giving its plan to develop a floating storage and regasification unit (FSRU) in Australia a head-start over rival projects. Woodside will extract significant value from the deal, too. While the Viva Energy-Woodside collaboration is seen as a setback for other proposed Australian FSRU projects, some could still progress, industry sources said.

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