Australian energy giant Woodside Energy said on Monday it had signed a long-term sale and purchase agreement with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.

Woodside Energy Group Ltd. has signed an agreement with China Resources Gas International to send liquefied natural gas to the Asian country, the first binding supply deal for the fuel between Chinese and Australian companies in years.

Woodside's chief commercial officer Mark Abbotsford said this this marks the first time Woodside on a standalone basis has signed a long-term sale agreement with a customer in China, Asia’s largest consuming market for LNG, and is the first time China Resources has signed an agreement to procure LNG over a period of 15 years.

Brazil's state-run oil firm Petrobras is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said.