JERA Co Inc and Woodside Power Group Ltd have finalized an settlement for the Australian firm to export liquefied pure fuel (LNG) to the Japanese energy utility within the winter months for 5 years.
The businesses have already got an present contract beneath which Woodside is to ship 400,000 metric tons a 12 months of LNG to Japan. The ten-year settlement is to satisfy its first cargo this 12 months on a delivered foundation, as introduced September 18, 2024.
Below the brand new deal, Woodside will ship the volumes on an ex-ship foundation between the months of December and February from 2027. Three cargoes totaling about 200,000 metric tons might be delivered per 12 months, JERA mentioned in a press launch Wednesday.
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“Fuel-fired energy era performs a important function in assembly peak vitality demand and balancing seasonal fluctuations – challenges which might be changing into extra pronounced as renewable vitality expands”, JERA mentioned. “Securing ample LNG provide through the winter months, when international fuel demand surges, is important to sustaining a steady electrical energy provide in Japan”.
“The volumes provided to JERA might be sourced from Woodside’s international LNG portfolio, leveraging property equivalent to Scarborough, North West Shelf, Pluto LNG and LALNG, as soon as it’s operational”, Woodside mentioned in a separate on-line assertion concerning the new settlement.
JERA owns 15.1 p.c within the Scarborough area offshore Western Australia, a part of the broader Scarborough Power Venture.
Scarborough Power is on observe to start out exporting LNG within the second half of this 12 months, Woodside affirmed Tuesday because it introduced the arrival of the undertaking’s floating manufacturing unit.
Scarborough Power consists of the event of the Scarborough area off the coast of Karratha, the development of a second fuel processing prepare for Pluto LNG with a capability of 5 million metric tons every year (MMtpa) and modifications to Pluto Practice 1, in response to Woodside. The FPU will course of fuel from the sphere.
Excluding prepare 1 modifications, Scarborough Power was 91 p.c full on the finish of the third quarter, in response to Woodside’s quarterly report October 22, 2025.
Woodside expects the undertaking to supply as much as eight MMtpa of LNG and provide 225 terajoules per day to the Western Australian market.
“This newest SPA [sale and purchase agreement] with JERA displays the robust momentum Woodside achieved in 2025, changing a number of HOAs [heads of agreements] into binding SPAs”, Woodside mentioned Wednesday. “These agreements reinforce Woodside’s place as a trusted vitality provider throughout Asia and Europe and exhibit our means to ship certainty and adaptability for purchasers”.
On December 29, 2025 Woodside mentioned it had signed an settlement to provide Turkiye’s state-owned Boru Hatlari ile Petrol Tasima AS (BOTAS) about 500,000 metric tons a 12 months of LNG for 9 years, largely from the under-construction Louisiana LNG. Deliveries are to start out 2030.
On September 10, 2025 Woodside and Malaysia’s state-owned Petroliam Nasional Bhd (Petronas) introduced an settlement for one MMtpa of LNG over 15 years beginning 2028. The LNG for Petronas is to come back from Woodside’s international portfolio together with Louisiana LNG.
On April 17, 2025 Woodside and Uniper SE confirmed a contract for Woodside to provide the German energy and fuel utility one MMtpa from Louisiana LNG for as much as 13 years from the power’s industrial operations date (COD) plus as much as one MMtpa from Woodside’s international portfolio, beginning with Louisiana LNG’s COD and lasting till 2039.
On March 17, 2025 Woodside introduced an settlement to provide China Assets Fuel Worldwide Ltd about 0.6 MMtpa over 15 years from 2027.
To contact the writer, e-mail jov.onsat@rigzone.com
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