Woodside CEO Meg O’Neill
Woodside sees long-term future for LNG
CEO Meg O’Neill is positive about the prospects for gas as the energy transition gathers pace
Meg O’Neill, CEO of Australian LNG giant Woodside Energy, spoke with Petroleum Economist about the outlook for the LNG market and the company’s upstream plans. The global LNG market is looking tight this winter. Does Woodside have any spare liquefaction capacity? O’Neill: There is not much spare capacity in the marketplace, and we operate two significant LNG plants with a non-operated stake in another. We are not sitting on our hands with spare capacity. We run those plants as hard as we can safely every single day. So our intention is to continue to focus on plant reliability. LNG used to be predominantly an Asian business, [but] now it is a global business. And we do see price signals that
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
