Woodside CEO Meg O’Neill
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
Also in this section
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
