WDS 1.16% $28.84 woodside energy group ltd

From P30 of 2021 annual report:Our relationships with customers...

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    From P30 of 2021 annual report:

    Our relationships with customers in Australian and international energy
    markets have been maintained through a track record of reliable delivery
    and expertise across contracting, marketing and trading. In addition to
    long-term LNG sales, we pursue near-term value-accretive arrangements
    through short- and mid-term sales and LNG shipping transactions
    . Our
    marketing of crude, condensate and LPG is based on short-term sales,
    and may be supplemented by term arrangements to maximise value. We
    are collaborating with our customers on innovative lower-carbon energy
    solutions, including carbon offset LNG and liquids cargoes.


    Is this code for the process of buying and selling cargos in transit? If so, in a tight market, prices are elevated, subject to high volatility and less predictable i.e making such trades more of a high risk gamble. Better to de-risk and enjoy the high prices of one's own production I would have thought. Taking this type of business out of the equation reduces both sales and cost of sales but increases certainty.
    It could have been better explained in the release.
 
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