Australian energy giant Woodside Energy has entered the U.S. LNG export race, selling a 40% stake in its Louisiana LNG project to New York-based infrastructure investor Stonepeak for $5.7 billion.

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Woodside has entered into a binding agreement with Stonepeak, a leading global investment firm specializing in infrastructure ...

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Woodside Energy Group (NYSE:WDS) inked a binding deal to sell a 40% stake in Louisiana LNG Infrastructure LLC to Stonepeak.