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Benzinga
Benzinga
Business
Akanksha Bakshi

Williams Invests $378 Million In Woodside's LNG Terminal-Pipeline Venture

Williams Racing Woodside WMB Donald Trump Meg ONeill United States Natural Gas
Williams_Companies

Australia-based Woodside Energy Group Ltd (NYSE:WDS) solidified its strategy for the Louisiana LNG initiative by closing a deal with U.S. natural gas company Williams Companies Inc (NYSE:WMB).

This strategic alliance sees Williams acquiring a 10% stake in the Louisiana LNG LLC. It also bought an 80% stake, including operatorship, of Driftwood Pipeline LLC.

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