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Woodside Negotiating with at Least Three Partners for Louisiana LNG

World Maritime

Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The

Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.

The timing of the stake sale is a test case for buoyant market expectations around LNG with the return of Donald Trump to the U.S. presidency. Trump has said trade partners should buy more U.S. energy and issued several executive orders in his first weeks in office aimed at boosting domestic oil and gas output.

Louisiana LNG is an opportunity for global buyers to diversify their supply base and potentially fend off U.S. tariffs under the Trump administration, by increasing U.S. energy imports and narrowing the trade deficits that irk the U.S. president.

Reuters spoke to seven people familiar with the matter. All seven sources said Tokyo Gas 9531.T had discussions with Woodside, five of those sources said Jera held talks and four of the sources said MidOcean also had discussions.

Reuters previously reported that Tokyo Gas was in talks for a stake. Talks with the other possible buyers have not previously been reported.

U.S. pipeline operator Williams Companies also had discussions with Woodside about buying an equity

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