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Woodside completes sale of 10% stake in Scarborough JV to LNG Japan

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Woodside completes sale of 10% stake in Scarborough JV to LNG Japan

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Natural Gas News
Woodside completes sale of 10% stake in Scarborough JV to LNG Japan

Summary

The sale proceeds received by Woodside of $910mn for equity in the Scarborough joint venture comprises the purchase price, reimbursed expenditure and escalation. by: Shardul Sharma

Woodside, a leading Australian gas producer, on March 26 announced the completion of the sale of a 10% non-operating participating interest in the Scarborough joint venture to LJ Scarborough (LNG Japan). The deal follows Woodside’s announcement in August 20...

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