Woodside, JBIC to Work Together in LNG Sector

Woodside Petroleum has signed a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) aimed at supporting Japan’s requirement for stable and long-term energy supplies.

The MOU further strengthens the long-term relationship established between the two organisations through the financial support JBIC provided for the Pluto LNG Project, Woodside said in a statement.

Under the MOU, Woodside and JBIC will hold periodic discussions relating to Woodside’s future LNG developments and JBIC will consider providing financial support for those potential developments as well as creating  opportunities for Japanese companies to participate in  Woodside’s  future LNG developments.