JBIC to Support Woodside’s LNG Developments (Australia)

Woodside 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.

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. The MOU was signed by JBIC’s Managing Executive Officer, Global Head of Energy, Natural Resources and Environment Finance Group Koichi Yajima and Woodside’s Executive Director Corporate and Commercial Rob Cole.

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Press Release, October 29, 2012