Finding for Resource and Energy Companies in Western Australia North West Shelf Venture Case

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Finding for Resource and Energy Companies in Western Australia North West Shelf Venture Case

Woodside Energy Ltd v Electricity Generation And Retail Corporation, T/As Synergy [2015] Wasc 397 (26 October 2015)

The Plaintiffs are participants in the Western Australia North West Shelf venture and obtained a long-term gas sale and purchase agreement in 2004 with the defendant’s corporate predecessor whereby they were to purchase a minimum amount of gas annually from the plaintiffs under a Buyer’s Aggregate Gas Requirement clause. The Western Australian Supreme Court has held the defendant’s additional agreements with third parties for the purchase of gas should be included in the Buyer’s Aggregate Gas Requirement, with the defendant consequently owing a larger amount than originally paid to the plaintiffs. The decision can be read here.

 

 

 

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