Woodside and Saudi Aramco Explore Louisiana LNG Investment Opportunity

Reported about 9 hours ago

Woodside Energy, Australia's leading gas producer, has entered a non-binding agreement with Saudi Aramco to explore a potential stake acquisition in a $17.5 billion liquefied natural gas project in Louisiana. This follows Woodside's recent approval to build the facility, attracting investor interest amid strong demand for LNG. The project is on track to deliver its first gas by 2029, with both companies also considering collaborations in LNG offtake and lower-carbon ammonia.

Source: YAHOO

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