Woodside Energy has indicated it could retain as much as 80% of the holding company for its $17.5 billion Louisiana LNG project in the United States. This statement comes as the company progresses talks with potential partners for further sell-downs.
The company had previously aimed to sell down to approximately 50% ownership. This potential shift suggests Woodside may choose to hold a larger stake in the project, reflecting confidence in its long-term value or challenges in finding suitable partners for a larger sell-down.
Discussions with potential partners, including Saudi Aramco, are ongoing. The final ownership structure will impact Woodside's capital expenditure and future cash flows from the significant Louisiana LNG development.
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