Woodside Petroleum : and Uniper sign HOA for mid-term LNG supply

MediaRelease

Woodside Energy Ltd.

ACN 005 482 986

Woodside Plaza

Thursday, 20 September 2018

240 St Georges Terrace Perth WA 6000 Australia

T[phone]F[phone]

www.woodside.com.au

WOODSIDE AND UNIPER SIGN HOA FOR MID-TERM LNG SUPPLY

Woodside Energy Trading Singapore Pte Ltd has signed a Heads of Agreement (HOA) with Uniper Global Commodities SE (Uniper) for the supply of up to 0.6 million tonnes of LNG per annum over a period of four years commencing in 2019.

WoodsideCEO Peter Coleman said the LNG would be supplied from the company's portfoliosources to markets in Europe and Asia.

"This agreement illustrates further diversification of Woodside's buyer relationships and the increasing interaction between participants in the Asia-Pacific and Atlantic LNG markets as international trading patterns become more liquid.

"Uniper is aglobal utility and among the largest energy commodity trading companies in the world. We look forward to building on this new relationship,"he said.

Uniper CEO Keith Martin said: "We are pleased to sign this deal with Woodside, a global LNG producer withlong experience of operating reliable LNG facilities using cutting-edge technology.

"This dealis another step for Uniper in establishing long-term partnerships globally and demonstrates ourambitions to further grow Uniper's Asian portfolio whilst leveragingour midstream assets in Europe."

The HOA is conditional on the execution of a fully termed LNG sales and purchase agreement.

Contacts:

MEDIA

Christine ForsterM: [phone]

E:[e-mail]