Woodside Energy will become one of the world’s largest LNG producers by the end of the decade after approving a $US17 billion ($27 billion) Louisiana development that bolsters the Trump administration’s hopes of turning the US into the dominant global gas exporter.
The investment comes at a time of trade and economic uncertainty, but represents a bet that Woodside will have an easier future in the US than in Australia, where its developments have become mired in regulatory uncertainty and targeted by environmental activists.
