Photographer: Tomohiro Ohsumi/Bloomberg

Asian LNG Buyers Delay Deals Amid Oversupply, Woodside Says

  • Long-term, oil-linked LNG prices are now below spot, CEO says
  • Woodside CEO says exploration acreage may become available

Woodside Petroleum Ltd., the Australian liquefied natural gas producer, said Asian buyers are delaying signing new long-term supply contracts amid forecasts for a growing glut.

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