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Woodside Moves Closer to Scarborough Field FID. Strikes Deal to Sell 49% in Pluto LNG Plant

Nov 15, 2021

Australia's Woodside Petroleum on Monday took a big step toward funding its biggest growth project, announcing the sale of a 49% stake in the planned expansion of its Pluto liquefied natural gas (LNG) plant in Western Australia.In a statement, Australia's biggest independent oil and gas firm said it had agreed to sell a 49% stake in a planned second processing unit, or 'train', at the Pluto LNG plant to private equity firm Global Infrastructure Partners (GIP)…

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