From Yahoo Finance: 2025-04-29 11:10:00

Woodside has approved the Louisiana LNG project, with first LNG production expected in 2029. The project will have three trains with a capacity of 16.5mtpa, contributing 5% of worldwide LNG supply. It is permitted for expansion with 27.6mtpa total capacity, aiming to generate $2bn annually. Woodside CEO Meg O’Neill is optimistic, touting the project as a game-changer for the company. Stonepeak will contribute $5.7bn towards the project’s total capital expenditure, estimated at $17.5bn. Woodside secures supply agreements with Uniper for 1mtpa from the Louisiana LNG project and up to 1mtpa from its global portfolio.

Read more: Woodside greenlights Louisiana LNG project, first LNG production anticipated in 2029