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By Christine Chen and John Biju
SYDNEY (Reuters) -Woodside Energy, Australiaâs top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.
The deal reduces Woodside's capital spending needs and marks a âmaterial stepâ towards a final investment decision on the Louisiana LNG plant, the company said, adding it was in talks with other potential partners to further sell down i...
>>> Read more: Australia's Woodside sells Louisiana LNG stake to Stonepeak for $5.7 billion
SYDNEY (Reuters) -Woodside Energy, Australiaâs top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.
The deal reduces Woodside's capital spending needs and marks a âmaterial stepâ towards a final investment decision on the Louisiana LNG plant, the company said, adding it was in talks with other potential partners to further sell down i...
>>> Read more: Australia's Woodside sells Louisiana LNG stake to Stonepeak for $5.7 billion
