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
28 March 2024
The country’s largest gas field is a bright spot for the North Sea, boasting cleaner operations amid a changing mood in Europe over hydrocarbons
28 March 2024
Whether OPEC+ starts to unwind its oil production cuts from June will depend on heavily debated unfolding supply-demand balances
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources