“I am proud of Apache’s legacy in advancing the Wheatstone and Kitimat liquefied natural gas projects, and I am confident that Woodside’s participation will have a positive impact in seeing these world-class LNG facilities through to first production,” G. Steven Farris, the top executive at Apache, said in a statement. Apache sold its interests, which include oil and natural gas reserves, to Australian energy company Woodside Petroleum. Apache under the terms of the deal is also reimbursed around $1 billion for net expenses on the two LNG projects. The first phase of the Wheatstone project envisions deliveries of up to 8.9 million tons of LNG per year from third-party gas projects in Australia. The proposed Kitimat project in British Columbia has a planned capacity of 5 million […]