Woodside Energy Signs LNG Supply Agreement with JERA for 200,000 Tonnes Annually
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: Yahoo Finance
- Long-term Supply Agreement: Woodside's Sale and Purchase Agreement (SPA) with JERA will commence in 2027, supplying approximately 200,000 tonnes of liquefied natural gas (LNG) annually, ensuring stable energy supply during Japan's peak winter period and enhancing Woodside's competitiveness in the Asian market.
- Deepening Strategic Cooperation: This agreement builds on the heads of agreement (HOA) signed in 2025, reflecting Woodside and JERA's shared commitment to energy security through market-based arrangements that enhance supply chain resilience and flexibility.
- Utilization of Global Assets: Woodside will leverage its global LNG assets, including Scarborough, North West Shelf, and Pluto LNG, to ensure reliable LNG supply for JERA during peak winter months, further solidifying its position as a trusted energy supplier.
- Supporting Regional Stability: Woodside Vice President George Gilboy emphasized that this agreement not only secures LNG supply for Japan during winter but also supports regional stability, showcasing Woodside's capability to meet customer energy security needs.
Analyst Views on WDS
Wall Street analysts forecast WDS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WDS is 26.00 USD with a low forecast of 26.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 15.820
Low
26.00
Averages
26.00
High
26.00
Current: 15.820
Low
26.00
Averages
26.00
High
26.00
About WDS
Woodside Energy Group Ltd is a global energy company. Its segments include Australia, International and Marketing. The Australia segment is engaged in the exploration, evaluation, development, production and sale of liquefied natural gas, pipeline gas, crude oil and condensate and natural gas liquids in Australia. International segment is engaged in the exploration, evaluation, development, production and sale of pipeline gas, crude oil and condensate and natural gas liquids in international jurisdictions outside of Australia. Marketing segment is engaged in the marketing, shipping and trading of its oil and gas portfolio. Its projects include Pluto LNG, the North West Shelf Project, Macedon, Sangomar, the lower carbon ammonia project in Texas, and others. It holds an interest in Woodside Louisiana LNG, which is an under-construction LNG production and export terminal in Calcasieu Parish, Louisiana. The Sangomar, containing both oil and gas, is located 100 kilometers south of Dakar.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
