Woodside Puts Viva Energy Ahead in Import Race

December 2021

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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