News is in relation to - Woodside Petroleum>> North West Shelf...

News is in relation to - Woodside Petroleum
>
> North West Shelf signs LNG sales, firm purchase agreement announced
>
> SYDNEY, May 29:
>
> The North West Shelf liquefied natural gas sellers have announced the
> signing of
> a five year deal for the sale of up to 3.7 million tonnes of LNG to the
> Royal Dutch/Shell
> Group's Shell Eastern LNG.
>
> Woodside Petroleum, one of the key participants in the North West Shelf
> joint
> venture, said the agreement covers sales between 2004 and 2009.
>
> The NSW LNG sellers and Shell have previously signed on May 15, 2001, a
> key terms agreement.
>
> Woodside said the actual volume is dependent on the volume of LNG that the
>
> North West Shelf LNG Sellers will commit to long term customers in the
> core
> markets of Japan, Korea, China and Taiwan.
>