Woodside seeking to sell another 20%-30% of Louisiana LNG, COO says

Woodside seeking to sell another 20%-30% of Louisiana LNG, COO says
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SYDNEY (Reuters) – Woodside Energy, Australia’s top natural gas producer, said on Tuesday it would seek to sell a further 20%-30% stake in its $17.5 billion Louisiana LNG project.

Liz Westcott, chief operating officer for Australia, told the Macquarie Australia Conference the selldown of its holding company would to allow Woodside to achieve its 50% target.

Woodside gave the final go-ahead for Louisiana LNG last week. (This story has been refiled to correct the day of the week from Monday to Tuesday in paragraph 1)

(Reporting by Christine Chen in Sydney; Editing by Christian Schmollinger)

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