Woodside Signs Energy Related MoU With India's Adani

Australia’s Woodside on Sunday signed energy (including LNG) related Memorandum of Understanding (MoU) with India’s Adani Enterprises Limited.

The MoU was signed by Adani Chairman Gautam Adani and Woodside’s CEO and Managing Director Peter Coleman.

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. 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,” he said.

Woodside and Adani also agreed to cooperate in identifying, investigating and developing potential business arrangements and commercial initiatives.

The MoU was signed at a ceremony in the Indian state of Gujarat, attended by senior company representatives and Andrew Robb, Australia’s Minister for Trade and Investment.