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    Elsewhere banks are lining up to provide finance.


    Chevron is believed to be calling for expressions of interest next month for the sale of its stake in the North West Shelf, according to sources in the market.The US energy giant has had investment bank UBS busy preparing a sale process for the $5.8bn stake that is likely attract Australian listed energy players such as Beach Energy and Woodside Petroleum.

    Some believe that most of the major investment banks will line up to provide funding for Woodside’s anticipated bid for the Chevron stake, but it may opt to use a boutique firm to act as an adviser, such as Rothschild or Lazard, or be self-advised.
 
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