Woodside Energy will sell a 40 per cent stake in its Louisiana LNG export terminal in the US to infrastructure and real estate investor Stonepeak in return for a $US5.7 billion ($9.5 billion) injection towards the capital cost of the project.
The deal allows Woodside to “progress at pace” towards a final investment decision on the US LNG export terminal, said chief executive Meg O’Neill, who had given the March quarter of 2025 as the target date to give the go-ahead on the project.
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