LNG: Uniper in Talks for LNG Supply from Woodside Energy

Apr-16 15:15

Germany’s Uniper is in talks for the supply of 1 mtpa of LNG from Woodside Energy’s proposed Louisiana facility and 1 mtpa from the producer’s existing global portfolio, according to Bloomberg.

  • “Discussions between the parties are ongoing and incomplete and no final agreement has been reached on the terms,” a Woodside statement said.
  • The purchases would be equivalent to about 3% of Germany’s annual gas requirements.
  • Woodside’s Louisiana LNG project received additional investment from Stonepeak to move the project closer to FID and additional investments are being sought, according to an April 7 press release. Woodside’s guidance is for the facility to be operational by 2029.

Historical bullets

FED: US TSY 13W AUCTION: NON-COMP BIDS $2.130 BLN FROM $76.000 BLN TOTAL

Mar-17 15:15
  • US TSY 13W AUCTION: NON-COMP BIDS $2.130 BLN FROM $76.000 BLN TOTAL

FED: US TSY 26W AUCTION: NON-COMP BIDS $1.775 BLN FROM $68.000 BLN TOTAL

Mar-17 15:15
  • US TSY 26W AUCTION: NON-COMP BIDS $1.775 BLN FROM $68.000 BLN TOTAL

USD: Broader Dollar selling is going through

Mar-17 15:07
  • Some downside continuation for the Dollar, with broader selling seen across the board, testing new intraday lows against the EUR, GBP, AUD, ZAR, SGD, SEK, and CHF, while CNH, CNY are paring earlier losses.
  • Cable look to test the immediate resistance right here at 1.2988 High Mar 12.
  • Resistance in EURUSD is at 1.0947 High Mar 11.
  • US Tnotes is back at session high (lower Yields) and this is likely helping this latest leg lower in the Greenback.