JERA to sell stakes in Australia’s Gorgon, Ichthys LNG projects

(WO) — JERA has agreed to switch its fairness pursuits within the Gorgon and Ichthys LNG tasks in Australia to MidOcean Vitality as a part of a broader effort to reshape its LNG portfolio. The settlement, executed by means of JERA Australia Pty Ltd, will see MidOcean purchase JERA’s stakes in each tasks. The transaction stays topic to regulatory approvals and contractual situations with undertaking companions. Regardless of the divestment, JERA stated it...

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