Louisiana LNG Tax Break Could Cost Local Communities $2.8 Billion

Louisiana LNG Tax Break Could Cost Local Communities $2.8 Billion

When Australia’s Woodside Energy Group announced April 29 that it plans to move forward with its Louisiana LNG export terminal, the state hailed the move as the “largest single foreign direct investment and greenfield project in Louisiana history.” It could also create perhaps the largest single local tax giveaway in U.S. history, under a Louisiana law offering corporations property tax breaks worth billions of dollars, a new Sierra Club study s…

Woodside approves Louisiana LNG development - Inside Oil & Gas

Woodside is positioned to become a global LNG powerhouse following our historic decision on 29 April to approve the Louisiana LNG development.i…

Woodside, bp sign gas supply agreement for Louisiana LNG – Oil & Gas 360

(World Oil) – Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. This agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project’s extensive interconnectivity to multiple producing basins and inter-connecting pipelines. Woodside’s CEO Meg O’Neill said the agreement marks another milestone

BP to Supply Woodside's Louisiana LNG

Woodside tapped BP for the supply of up to 640 Bcf of gas for the U.S. Gulf Coast project.

The agreement signed by Woodside commits GasCo, a wholly owned subsidiary of the Louisiana LNG project, to buy in the long term up to 640 billion cubic feet of BP gas from 2029 Woodside announced the signing of an agreement with BP for the supply of natural gas to Louisiana’s LNG project. Through a statement it was announced that this agreement represents the first tranche of a diversified portfolio of feed gas that will support Louisiana’s LNG …

Woodside, BP Enter Gas Supply Contract for Louisiana LNG

Louisiana LNG Gas Management LLC will purchase up to 640 Bcf of natural gas from BP following Woodside Energy’s $17.5 billion FID on the project formerly owned by Tellurian.