Australia’s Woodside Energy to sell 40% stake in Louisiana LNG project to Stonepeak
Published 04/06/2025, 08:09 PM
Updated 04/06/2025, 08:10 PM
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© Reuters. FILE PHOTO: A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo
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(Reuters) - Australian energy company Woodside (OTC:WOPEY) Energy said on Monday that it will sell a 40% stake in its Louisiana LNG Infrastructure project to U.S.-based investment firm Stonepeak.
Woodside said in a statement that its contribution to the project’s capital expenditure will be accelerated in both 2025 and 2026.
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