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Woodside to sell 10% stake in Scarborough to LNG Japan for $500mn

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Woodside to sell 10% stake in Scarborough to LNG Japan for $500mn

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Natural Gas News
Woodside to sell 10% stake in Scarborough to LNG Japan for $500mn

Summary

Woodside has also signed a non-binding heads of agreement with LNG Japan for the sale of 12 LNG cargoes annually for a duration of 10 years, beginning in 2026. by: Shardul Sharma

Australian energy company Woodside has agreed to sell a 10% stake in the $12bn Scarborough LNG project offshore Australia to LNG Japan for $500mn, it announced on August 8....

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