Woodside, Jera wrap up Scarborough stake sale
Contracts
July 2, 2025

Woodside, Jera wrap up Scarborough stake sale

Woodside finalized the sale of a 15.1% Scarborough LNG project stake to JERA for $1.4 billion. The sale deepens Woodside's strategic relationship with Japanese buyers, with Woodside retaining a majority 74.9% operational stake. With construction progressing on Scarborough and Pluto Train 2, Woodside is targeting 2026 for its first LNG cargo to supply Japan, other North Asian markets, and Western Australia. The project's estimated cost has increased by 4% to $12.5 billion.

Woodside, Jera wrap up Scarborough stake sale

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