Woodside in Talks to Sell Stake in Louisiana LNG ...Middle East

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Woodside in Talks to Sell Stake in Louisiana LNG
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Woodside has talked to at least three potential partners for the Louisiana LNG project, Reuters has reported, citing unnamed sources as saying the suitors include Japan’s JERA and Tokyo Gas, along with Aramco-backed MidOcean Energy. Per media reports, the Australian energy major is looking to sell 50% of Louisiana LNG’s first phase of development, which is estimated to cost some $16 billion. This first phase will have an annual production capacity of 11 million tons of liquefied natural gas. Upon completion of all four phases, Louisiana…

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