LNG will be supplied from Woodside’s global portfolio, which may include volumes from the recently approved Louisiana LNG project in the United States.
Louisiana LNG LLC will supply 1.0 Mtpa of LNG on a free-on-board basis for up to thirteen years from the commercial operations date (COD) of Louisiana LNG.
Under the transaction, Stonepeak will provide $5.7 billion towards the expected capital expenditure for the foundation development of Louisiana LNG on an accelerated basis
Woodside has signed a revised lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel for the development of the three train 16.5 million tonnes per annum foundation development of Louisiana LNG.
Woodside Energy has passed a major milestone for its operated Trion Development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU).
When operational, the 433 km trunkline will transport gas from the offshore Scarborough field to the onshore Pluto LNG processing facility in Karratha.
Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project.