(IN BRIEF) Uniper and Woodside have signed long-term LNG supply agreements totaling up to 2 Mtpa, with 1 Mtpa sourced from the upcoming Louisiana LNG project and up to 1 Mtpa from Woodside’s global portfolio. These deals aim to strengthen Europe’s energy security and support Germany’s industrial energy needs, covering approximately 3% of its gas consumption. The agreements are contingent on Woodside’s final investment decision and are structured to begin with Louisiana LNG’s commercial launch. Both companies view this partnership as a key step in enabling flexible, reliable energy supply for the future.
(PRESS RELEASE) DÜSSELDORF, 17-Apr-2025 — /EuropaWire/ — Uniper and Woodside have signed two significant LNG sale and purchase agreements (SPAs), securing a total of up to 2 million tonnes per annum (Mtpa) of liquefied natural gas for European markets. The agreements include 1.0 Mtpa from the planned Louisiana LNG LLC project on a free-on-board basis, and up to 1.0 Mtpa from Woodside’s global LNG portfolio on a delivered ex-ship basis. Deliveries will begin with the start of commercial operations at the Louisiana LNG facility and continue through 2039, pending Woodside’s final investment decision on the project.
This deal marks a further deepening of the long-standing relationship between Uniper and Woodside and highlights Europe’s continued demand for secure, reliable energy sources. For Germany, one of the world’s leading industrial nations, 2 Mtpa of LNG equates to roughly 3% of total national gas consumption in 2024—a substantial contribution toward energy diversification.
Michael Lewis, CEO of Uniper, emphasized the importance of the agreements: “This partnership with Woodside enhances our LNG portfolio and bolsters our supply security strategy, especially as we plan for the potential development of additional gas-fired power generation to support the renewable energy transition. Reliable energy underpins a competitive industrial sector, and long-term LNG deals like this provide our customers with the energy assurance they need.”
Woodside CEO Meg O’Neill noted that the agreements bring Louisiana LNG a step closer to final investment and praised Uniper’s strategic role: “We are pleased to build on our strong relationship with Uniper. Their confidence in our track record as a reliable LNG supplier is testament to the value we bring. With Louisiana LNG, our largest growth project to date, we’re expanding our Atlantic footprint while maintaining a flexible portfolio structure that can cater to a variety of commercial needs.”
Woodside’s Louisiana LNG project, comprising three liquefaction trains with a total capacity of 16.5 Mtpa, will leverage the abundant U.S. gas supply, a prime Gulf Coast site, and industry-leading engineering and technology partners. The agreements underscore both companies’ commitment to long-term energy resilience and economic competitiveness in Europe.
About Woodside
Woodside is a global energy company providing reliable and affordable energy to help people lead better lives. We leverage our track record of world-class project execution and operational excellence as we build a diverse global portfolio to meet the world’s growing energy needs.
We have over 35 years of experience in the LNG industry including pioneering Australia’s LNG industry as operator of the North-West Shelf Project where we shipped our first LNG cargo to Japan in 1989. We are executing major projects today, while pursuing growth opportunities that will deliver long-term value for our shareholders. We maintain a strong balance sheet and a disciplined investment approach.
About Uniper
Düsseldorf-based Uniper is a European energy company with global reach and activities in more than 40 countries. With around 7,500 employees, the company makes an important contribution to security of supply in Europe, particularly in its core markets of Germany, the UK, Sweden, and the Netherlands. Uniper’s operations include power generation in Europe, global energy trading, and a broad gas portfolio. Uniper procures gas – including liquefied natural gas (LNG) – and other energy sources on global markets. The company owns and operates gas storage facilities with a total capacity of more than 7 billion cubic meters.
Uniper aims to be carbon-neutral by 2040. To achieve this, the company is transforming its power plants and facilities and investing in flexible, dispatchable power generation units. Uniper is one of Europe’s largest operators of hydropower plants and is helping further expand solar and wind power, which are essential for a more sustainable and secure future. Uniper is gradually adding renewable and low-carbon gases such as biomethane to its gas portfolio and is developing a hydrogen portfolio with the aim of a long-term transition. The company plans to offset any remaining CO2 emissions by high-quality CO2-offsets.
Uniper is a reliable partner for communities, municipal utilities, and industrial enterprises for planning and implementing innovative, lower-carbon solutions on their decarbonization journey. Uniper is a hydrogen pioneer, is active worldwide along the entire hydrogen value chain, and is conducting projects to make hydrogen a mainstay of the energy supply.
This press release may contain forward-looking statements based on current assumptions and forecasts made by Uniper SE Management and other information currently available to Uniper. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Uniper SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to modify them to conform with future events or developments.
Media Contact:
Lucas Wintgens
Spokesperson/ Corporate & Renewables
lucas.wintgens@uniper.energy
+49 1 60-9 56 53 00 4
SOURCE: Uniper SE
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