UPDATE 1-Woodside inks gas supply agreement with Alcoa Australia
Alcoa Corporation AA | 0.00 | |
Woodside Energy Group Ltd Sponsored ADR WDS | 0.00 |
Adds details from second bullet, share move
June 23 (Reuters) - Woodside Energy WDS.AX agreed to supply domestic gas to Alcoa Corp's AA.N Australian unit from 2027 to 2030, the Australian energy major said on Tuesday.
Here are some details:
Under the deal, Woodside will supply 31.1 petajoules of domestic gas from its Western Australian operations to Alcoa's refineries
The deal follows Western Australian government approval in December 2025 to extend the operation of the Pluto-Karratha Gas Plant Interconnector, which allows additional Pluto-sourced gas to be processed at Karratha for the domestic market
In 2025, Woodside's Western Australian natural gas production was 90.3 petajoules, nearly 21% of the state's domestic gas supply, the company said
Woodside shares dropped as much as 1.5% to A$28.350, their lowest since June 19