DohaQatarEnergy will buy up to 3 million tonnes of US liquefied natural gas yearly.
An Iranian strike knocked out about 17% of Qatar’s gas export capacity, and repairs could take up to 5 years.
The 20-year deal covers Woodside’s Louisiana project, with volumes starting when its second train runs.
Buyers in Pakistan and Bangladesh were told force majeure runs to year-end, and Bangladesh is buying spot cargoes.
Woodside targets first exports in 2029, and Qatar expects its first deliveries in 2030.
How each outlet framed it
- The National
- places the 20-year Woodside deal inside Doha's Hormuz hedge, after an Iranian strike on Ras Laffan cut 17% of Qatar's LNG capacity
Sources: The National