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Woodside and Adani ink cooperation agreement to target India’s LNG supply potential

12th January 2015

Woodside has executed a Memorandum of Understanding (MoU) with Adani Enterprises to develop LNG opportunities in India

Woodside has executed a Memorandum of Understanding (MoU) with Adani Enterprises to develop LNG opportunities in India
'India is an important emerging LNG market in which we see enormous supply potential as infrastructure is developed' - Woodside CEO. Source: Woodside Energy Ltd

Under the terms of the non-binding MoU, Woodside and Adani agree to cooperate in identifying, investigating and developing potential business arrangements and commercial initiatives.

Woodside CEO and managing director Peter Coleman said that the MoU was a clear demonstration of Woodside’s commitment to the Indian LNG sector and marked a significant milestone in strengthening relations between the two companies.

“India is an important emerging LNG market in which we see enormous supply potential as infrastructure is developed,” said Coleman.

“Adani is at the forefront of the LNG industry in India and committed to developing partnerships to support securing reliable long-term supplies of clean energy.”

The MoU was signed by Adani chairman Gautam Adani and Woodside’s CEO and managing director Peter Coleman at a ceremony in Gujarat yesterday. 

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