LNG

Feb 21 (LNGJ) - Woodside Petroleum, the operator of two LNG export plants in Western Australia, said Chairman Michael Chaney would step down after next year's annual general meeting to be replaced by Richard Goyder, Managing Director of Wesfarmers, Australia's biggest industrial group. Goyder will in the interim join Woodside's board as an independent, non-executive director. Woodside Chairman Michael Chaney, who joined the board in 2005 and became Chairman in 2007, said it was fitting that such a prominent Australian business leader should become the next Chairman. “Richard has demonstrated his focus on delivering value for shareholders and commitment to excellence throughout his extensive business career,” said Chaney.