Woodside to acquire Tellurian for $US900 million

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Australia’s largest energy company Woodside has said it will pay $US900 million to buy Tellurian which owns and operates the Driftwood LNG development project in Louisiana.

It adds to a long list of ventures Woodside is currently undertaking, including building a new LNG processing plant at Karratha.

Woodside shares fell by 2.29 per cent on Monday.
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Tellurian shares are up 64% this morning

beardedbowhunter
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Careful, they might turn off the comments.

maltisify