Apache to Sell LNG Stakes Amid Falling Prices

SUGAR LAND--December 17, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Earlier this week, Apache Corporation (NYSE:APA) (Houston, Texas) announced that has agreed to sell its stakes in the Wheatstone liquefied natural gas (LNG) project in Australia and the Kitimat LNG project in British Columbia to Australian oil and gas producer Woodside Petroleum Limited (Perth, Australia) for a combined $2.75 billion.

Within this article: Details on the LNG market, including major projects such as the Wheatstone and Gorgon LNG in Australia, and the Kitimat LNG in British Columbia.

Other companies featured: Chevron Corporation (NYSE:CVX)