SINGAPORE, Oct 21 (Reuters) - Australia's top energy
firm Woodside Energy ( WDS ) sees an opportunity to beef up LNG
sales to Japan, including supply from the United States, where
the company just bought Tellurian and its LNG export project,
CEO Meg O'Neill said on Monday.
With this new position in the U.S., Woodside will be
able to "offer our Japanese buyers even more supply for the long
term", O'Neill said at a media briefing on the sidelines of the
Singapore International Energy Week conference.
Japanese LNG importers have been saying they are looking for
shorter term LNG contracts with more flexible terms as their
demand outlook remains uncertain. Several Japanese importers
also have contracts with Russia's Sakhalin LNG that will expire
from 2026 onwards.
As part of LNG Japan's entry into Woodside's Scarborough
joint venture in Australia, there is a memorandum of
understanding for additional LNG offtake with the consortium,
O'Neill said, adding that those discussions are under way.
"So we know Japan is thinking very carefully about how to
get the balance right in energy security, and we look forward to
being a reliable supplier to Japan," she said.
Woodside's current focus is on bringing in partners to
invest in the Louisiana LNG project rather than marketing its
LNG, O'Neill said.
It wants to sell 50% of the project and aims to be ready
for a final investment decision from the first quarter of 2025.