Source: RBC |
In the interim, Woodside will be purchasing cargoes from the market to fulfill its contractual obligations. However Woodside are making a healthy margin of c.USD5/mmbtu with the current lull in Asian spot LNG prices due to subdued summer demand.
Spot LNG prices are c.USD5/mmbtu and Woodside's contractual supplies have achieved c.USD10/mmbtu.
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