Woodside Energy secures gas sales agreement with Alcoa

• Woodside Energy has signed an agreement to supply 31.1 petajoules of domestic gas to Alcoa of Australia.
• Following the announcement the Woodside Energy Group share price was down at $28.60.
• The deal leverages a recent state government pipeline extension to process and deliver gas through existing industrial infrastructure.

Woodside Energy Group (ASX:WDS) has executed a gas sale and purchase agreement with Alcoa of Australia to supply 31.1 petajoules of domestic gas from its Western Australian portfolio.

The transaction follows a December 2025 approval from the Western Australian government to extend the Pluto-Karratha Gas Interconnector operation, which contrasts with previous processing capacity limits at the Karratha Gas Plant.

“[The contract] also underlines the ongoing effectiveness of Western Australia’s domestic gas policy in providing stable and predictable policy settings that underpin the delivery of gas to major industrial users, enabling lower-emissions energy use in key processing sectors,” said Woodside Energy Group Chief Commercial Officer Mark Abbotsford.

Under the terms of the agreement, the energy developer will supply the specified fuel volume over a four-year period running from 2027 to 2030.

Following the announcement, the Woodside Energy Group share price was down at $28.60.

The company stated that the transaction is expected to support its long-term presence in Western Australia, where it currently holds more than a 21% share of the local gas market.

The supplier has provided energy to the Western Australian region for more than 40 years as part of its domestic production operations.