Woodside sees long-term future for LNG

CEO Meg O’Neill is positive about the prospects for gas as the energy transition gathers pace

Meg O’Neill, CEO of Australian LNG giant Woodside Energy, spoke with Petroleum Economist about the outlook for the LNG market and the company’s upstream plans. The global LNG market is looking tight this winter. Does Woodside have any spare liquefaction capacity? O’Neill: There is not much spare capacity in the marketplace, and we operate two significant LNG plants with a non-operated stake in another. We are not sitting on our hands with spare capacity. We run those plants as hard as we can safely every single day. So our intention is to continue to focus on plant reliability. LNG used to be predominantly an Asian business, [but] now it is a global business. And we do see price signals that