In Singapore, Woodside and Keppel have signed a conditional offtake term sheet for the supply and purchase of liquid hydrogen aimed at powering Keppel’s data centers in Singapore. The term sheet follows the signing of a non-binding heads of agreement between the two parties in April 2023, and tables commercial principles that may pave the way for an eventual binding offtake agreement for the supply of liquid hydrogen from as early as 2030. The sources of liquid hydrogen would include Woodside’s proposed production facilities, including H2Perth. Keppel intends for the potential liquid hydrogen supply to form part of a larger, long-term utility-scale lower carbon power portfolio that Keppel is building to power its assets. Woodside CEO Meg O’Neill said: “We’re pleased to be working with Keppel on the potential for supply of lower carbon energy in the form of hydrogen to their data centers in Singapore. This opportunity builds on Woodside’s track record of being a safe and reliable supplier of energy to Asia for 35 years.”
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