Overview

• Woodside Energy has formally committed $17.5 billion to the first phase of the Louisiana LNG project, which includes three production trains with a combined capacity of 16.5 million tonnes per year.
• The company recently sold a 40% stake in the project to U.S.-based Stonepeak for $5.7 billion to support financing and development.
• Woodside is in advanced discussions with Kuwait Foreign Petroleum Exploration to sell additional equity and secure LNG offtake agreements.
• The Louisiana LNG project leverages U.S. government permits for up to five production trains, totaling a potential capacity of 27.5 million tonnes per year.
• This project marks a strategic expansion of Woodside’s LNG portfolio, diversifying its assets beyond Australia to the U.S. Gulf Coast.