Woodside Petroleum Limited Cut a Big, Long Deal With Cheniere Energy Inc. for LNG

In a somewhat surprising move, Australia's Woodside Petroleum Ltd. made a 20-year deal with America's Cheniere Energy Inc. to buy LNG.

Taylor Muckerman
Taylor Muckerman and Joel South
Jul 6, 2014 at 6:30AM
Energy, Materials, and Utilities

In a somewhat surprising move, Australia's Woodside Petroleum (ASX:WPL) has made a 20-year deal with America's Cheniere Energy (NYSEMKT:LNG) to buy 850,000 metric tons of LNG a year starting in 2019 and lasting at least 20 years.

In this segment of The Motley Fool's energy edition of Where the Money Is, analysts Joel South and Taylor Muckerman debate the wisdom of this deal and what it means for both companies.