Woodside weighs Trump tariff impact on $1.2 billion Louisiana LNG project
- Australian gas producer Woodside Energy assesses United States tariff effects on its Louisiana liquefied natural gas facility.
- This evaluation occurs after recent universal tariffs imposed by US President Donald Trump.
- Woodside purchased the former Driftwood project last year for about $1.2 billion.
- CEO Meg O'Neill stated a foreign-trade zone allows the plant to delay tariff payments.
- Potential tariff pressures may complicate future development for the company, analysts note.
9 Articles
9 Articles
Woodside Energy Warns Tariffs Could Impact Louisiana LNG Project
The tariff war that President Trump started earlier this year could affect the Louisiana LNG project, its majority owner, Woodside Energy, has warned. The Australian energy major’s CEO, Meg O’Neill said in a quarterly update today that “Around 25% of Louisiana LNG’s estimated capital expenditure is equipment and materials, approximately half of which is currently expected to be sourced from the U.S.” This means the other half would be imports an…
Woodside weighs Trump tariff impact on $1.2 billion Louisiana LNG project
By Christine Chen and Roshan Thomas SYDNEY (Reuters) -Woodside Energy , Australia’s top gas producer, said on Wednesday it was assessing the impact of U.S. tariffs and other trade measures on its Louisiana liquefied natural gas plant project as it inches towards a final go-ahead. Woodside acquired the project, formerly called Driftwood, from Tellurian for $1.2 billion last year to position itself as a “global LNG powerhouse”. The first of four d…
Energy firm foresees a $1.2B hit to its Louisiana LNG project due to tariffs
Woodside Energy says it’s assessing the impact that President Donald Trump’s tariffs could have on its $1.2 billion liquefied natural gas project in Louisiana, Reuters reports. The Australian-based company acquired the project, formerly known as Driftwood, from Tellurian. The Calcasieu Parish project is expected to bolster Woodside’s global LNG position. Woodside anticipates the first four phases of development will cost $16 billion, with abou…
LNG Terminal Expansion in Omišalj to Boost Capacity by 3 Billion Cubic Metres - The Dubrovnik Times
The installation of a new regasification module, which will increase the maximum capacity of the LNG terminal in Omišalj from 3.1 to 6.1 billion cubic meters of gas per year, is nearing completion, and it is expected to be operational in October. An auction for the allocation of additional regasification capacity for the next 15 years is scheduled for May, reports HINA LNG Croatia, the company managing the LNG terminal in Omišalj, confirmed that…
Woodside Weighs Trump Tariff Impact on $1.2 Billion Louisiana LNG Project - Energy News, Top Headlines, Commentaries, Features & Events
Woodside Energy, Australia’s top gas producer, said on Wednesday it was assessing the impact of U.S. tariffs and other trade measures on its Louisiana liquefied natural gas plant project as it inches towards a final go-ahead. Woodside acquired the project, formerly called Driftwood, from Tellurian for $1.2 billion last year to position itself as ...
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