Nick Morgan's questions to WOODSIDE ENERGY GROUP (WDS) leadership • H1 2025
Question
Nick Morgan of JPMorgan Chase & Co. asked for details on the targeted split of Woodside's Louisiana LNG equity share between contracted and spot sales. He also inquired about any inflationary pressures on steel costs for the associated U.S. pipeline.
Answer
CEO & Managing Director Meg O’Neill stated that Woodside intends to take about 8 million tons of Louisiana LNG into its portfolio, with significant flexibility in how much of that is on-sold and under what contracting structure, as demonstrated by recent deals. She also confirmed that the pipeline costs are currently tracking within the budget announced at FID.