GS Energy Acquires 5% Stake in Australia’s Browse LNG Project from BP
AI Summary
South Korea's GS Energy has acquired a 5% stake in the Browse LNG project in Australia from BP, which now holds 39%. This transaction highlights growing energy investments in the liquefied natural gas sector in Western Australia.
BP on Monday said it agreed to sell 5% of its stake in the Browse liquefied natural gas project in Western Australia to South Korea's GS Energy.The sale leaves BP with a 39…
Markets Deals Commodities Energy LNG energy investment stake acquisition Australia GS Energy BP liquefied natural gas