Happy Tuesday!
We love a follow-up and well this
fits the bill. The Woodside Energy
Group Ltd. the owner of the formerly known project Driftwood LNG now known
as Louisiana LNG is in the news again for progressing their project. Back in January Woodside announced they
had decided on Baker Hughs equipment and the FID was coming soon; check out our
Blog for details. Well, what we all have been waiting for has
been announced and it is good news.
Did anyone
happen to read Oil & Gas Journal’s OGJ Daily Update Newsletter on April
29, 2025, their article titled, “Woodside takes FID to develop Louisiana LNG”? In the
article, it speaks on how Woodside Energy Group Ltd. (Woodside) has made a final investment
decision (FID) for their Louisiana LNG facility. Louisiana LNG initially will have three trains and will be able to export 16.5 million tonne/year (tpy) with an
expected exporting date in 2029. Currently
the project is expected to cost $17.5 billion with Stonepeak’s stake being $5.7
billion of Louisiana LNG Infrastructure LLC.
The Louisiana LNG facility has
been approved to export up to 27.6 million per annum and has room to expand another
two trains; additionally in 2024 they were approved for a three-year extension
on the project. We wish Woodside
a speedy completion of its Louisiana LNG project! If you would like to read more of the Oil
& Gas Journal’s article, please click the link: Woodside
takes FID to develop Louisiana LNG | Oil & Gas Journal.
If you would
like help in looking into how to clean up your emissions and other pollutants
in the transportation of your liquid product, contact us via the email in the Blog
and check out our ESC website!
We hope you have a wonderful evening!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **