Apache Sues Woodside Over Wheatstone LNG

摘要

US Apache has filed a $64 million lawsuit against Australia's Woodside for breach of contract surrounding the sale of its 13% stake in Australia's Wheatstone LNG and related upstream assets, a company spokeswoman told International Oil Daily . The suit, filed in the Supreme Court of Western Australia, involves interim business expenses incurred during the period between the economic transfer date and the closing of the transaction. Apache paid the expenses on behalf of Woodside, as is customary in corporate transactions, according to the US company.