Woodside Speaking To Apache, Kufpec About Gas For Pluto 2
May 20 2009 - 8:38PM
Dow Jones News
Woodside Petroleum Ltd. (WPL.AU) Thursday said it has entered
negotiations with Apache Corp. (APA) and Kuwait Foreign Petroleum
Exploration Company, or Kufpec, to buy gas for a possible expansion
of its Pluto liquefied natural gas project.
Woodside said it has signed a non-binding letter with the two
parties "setting out key principles to facilitate negotiation on a
non-exclusive basis" for the possible sale of gas from the
Apache-operated Julimar and Brunello fields to support a second LNG
train at Pluto.
Perth-based Woodside was responding to recent reports quoting
Apache as saying it expects to sell gas to Woodside for
Pluto-2.
"As previously advised, Woodside continues to discuss Pluto
Train 2 options with a number of parties in the Carnarvon Basin,"
Woodside said in a statement.
By Ross Kelly, Dow Jones Newswires; 61-2-8235-2957;
ross.kelly@dowjones.com