LNG

Oct 19 (LNGJ) - Woodside Petroleum, the largest Australian LNG producer, said Daewoo International Corp. of South Korea accepted an offer by Woodside to farm-in to the production sharing contract for Block AD7 in the Rakhine Basin offshore Burma. The Australian company will hold 40 percent of the PSC adjacent to the Daewoo-operated Shwe field, a large-scale natural gas development project.