Australia’s Woodside swoops on Inpex attempt to buy into gas venture
Energy
Australian energy company exercises preemption right to increase stake
Woodside says interest in the Browse Gas Project off Australia’s west coast underscores the potential of the asset.
CANBERRA — Woodside will increase its stake in the Browse Gas Project off Australia’s west coast by buying a minority stake from PetroChina International (CNPC) that had been slated to be sold to Japan’s Inpex.
