Woodside Petroleum Limited Cut a Big, Long Deal With Cheniere Energy Inc. for LNG
In a somewhat surprising move, Australia's Woodside Petroleum has made a 20-year deal with America's Cheniere Energy to buy 850,000 metric tons of LNG a year starting in 2019 and lasting at least 20 years.
In this segment of The Motley Fool's energy edition of Where the Money Is, analysts Joel South and Taylor Muckerman debate the wisdom of this deal and what it means for both companies.
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The article Woodside Petroleum Limited Cut a Big, Long Deal With Cheniere Energy Inc. for LNG originally appeared on Fool.com.Joel South, Taylor Muckerman, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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