Woodside Energy approves $17.5B Louisiana LNG project

Port of LC to be home to record-setting foreign investment  - American Press

Special to the American Press Port of Lake Charles-owned property will be the site of the largest single foreign direct investment in Louisiana’s history. Australia’s Woodside Energy has made a final investment decision to approve Louisiana LNG — a $17.5 billion project to export liquefied natural gas. Louisiana LNG will be a three-train, 16.5 million tonne per annum (Mtpa) development. The project is expected to support approximately 15,000 nat…

Australian company commits to $17.5B LNG export terminal in Louisiana

An Australian fossil fuel company committed Tuesday to build a $17.5 billion liquefied natural gas export terminal in Louisiana, following up on plans first announced 10 years ago. Woodside Energy Group said it has reached a final investment decision to…

Australian Energy Giant Approves $17.5 Billion LNG Project in Louisiana

Australian energy giant Woodside will push ahead with a $27 billion (US$17.5 billion) liquefied natural gas (LNG) project in Louisiana, United States. Woodside shares rose 1.47 percent on the Australian Stock Exchange (ASX) to 20.66 each on April 29 in reaction to the news. The announcement comes after U.S. President Donald Trump’s declaration of a national energy emergency upon taking office, and his promise to “drill baby drill.” Woodside expe…

Woodside Gives Go Ahead to $17.5B Louisiana LNG Project

Australian energy company Woodside is moving forward with its diversification and international expansion announcing it has given financial approval for a massive $17.5 billion Louisiana LNG production and export terminal. The project is being called the “single largest direct foreign investment” in Louisiana’s history and a major sign of support for the Trump administration which has promised to dramatically expand the U.S. energy sector to sup…

$17.5 billion Louisiana LNG facility gets final approval. Here's how many jobs it will create.

Woodside Energy said it has made a final investment decision to build a $17.5 billion liquefied natural gas production and export facility in Calcasieu Parish, which state officials said is the largest foreign investment in Louisiana history.

Woodside Energy approves $17.5B Louisiana LNG project

BATON ROUGE, La. (Louisiana First) -- Australian company Woodside Energy announced Tuesday that it has approved a plan for a Louisiana LNG project. The company said the $17.5 billion investment will be made in the LNG project, pipeline, and management reserve. Louisiana LNG Infrastructure LLC investor Stonepeak will invest $5.7 billion in the project, contributing 75% of capital expenditures in 2025 and 2026. “As the largest single foreign direc…