Woodside looks to sell off stake in Kitmat LNG

WOODSIDE Energy is looking to farmout its stake in the proposed Kitmat LNG facility in western Canada as it attempts to reduce the company’s capital exposure, as reported last week.

Woodside looks to sell off stake in Kitmat LNG Woodside looks to sell off stake in Kitmat LNG Woodside looks to sell off stake in Kitmat LNG Woodside looks to sell off stake in Kitmat LNG Woodside looks to sell off stake in Kitmat LNG

Hopes to reduce capital exposure, fund next spending cycle

The company has a 50- 50 stake in the project it shares with Chevron Corporation and is expected to produce 18 million tonnes of LNG per year and process up to 2.

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