Ann: Woodside to sell 10% Scarborough interest to LNG Japan, page-15

Yes totally agree. One more important thing mentioned in todays announcement is..... "As part of the broader strategic relationship, Woodside and LNG Japan Corporation have entered into a non-binding heads of agreement for the sale and purchase of 12 LNG cargoes per year (approximately 0.9 million tonnes per annum) for 10 years commencing in 2026" .....Speaks volumes as to why Scarborough and Pluto, with its ability to produce a lot of high CV product compared to that of which is being supplied by the Americans into the long distant future, is so important to the Japanese and such a good asset for Woodside shareholders.

The partial sale announcement today is no surprise as Woodside has been in the process of securing a partner or partners for some of the ownership of Scarborough for some time now and even before the BHP merger and Shell exit from Browse