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CNPC said to bid for stake in Woodside's Australian natural gas venture: Sources

China Daily | Updated: 2012-02-23 07:58

CNPC said to bid for stake in Woodside's Australian natural gas venture: Sources

The headquarters of Woodside Petroleum Ltd in Perth, Australia. The company on Wednesday increased the estimate for its natural gas resources in the Browse Basin in Australia by 17 percent to 439 billion cubic meters. Ron D'Raine / Bloomberg

HONG KONG / SYDNEY - China National Petroleum Corp, the country's biggest energy producer, offered to buy a stake in Woodside Petroleum Ltd's Browse liquefied-natural-gas project in Australia, two people with knowledge of the matter said.

CNPC said to bid for stake in Woodside's Australian natural gas venture: Sources

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