Woodside in Talks With Kuwait Firm for US LNG Project Stake

Woodside Energy (WDS.AX), opens new tab is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S. The overseas unit, Kuwait Foreign Petroleum Exploration, is also considering securing LNG supply from the project. Earlier this month, Woodside, Australia's top gas producer, had agreed to sell a 40% stake in its Louisiana LNG plant to U.S. infrastructure investor Stonepeak for $5.7 billion (Read more at Reuters).