Woodside moving full steam ahead at its $17.5bn Louisiana LNG project

HOUSTON, TEXAS (By Woodside, 15.Sep.2025, Words: 391) — Woodside Energy celebrated the rapid progress in developing the $17.5bn Louisiana LNG project at a groundbreaking ceremony attended by leaders from the local community and state and federal governments. 

Since announcing a final investment decision (FID) on the project on 29 Apr. 2025, the construction workforce has ramped up to almost 900 personnel, with work on the first of 3 LNG trains now more than 22% complete. 

The project, based in south-west Louisiana, is targeting first LNG production in 2029 from a three-train foundation development with capacity of 16.5 million tonnes per annum (MTPA). The project has expansion capacity for two additional LNG trains and is fully permitted for total capacity of 27.6 MTPA. 

Woodside CEO Meg O’Neill told attendees at the ceremony she was proud to celebrate the progress on construction at Louisiana LNG. 

“The project is a game-changer for Woodside, marking our biggest-ever investment in the US and representing the largest foreign direct investment in Louisiana’s history. It positions Woodside as a global LNG powerhouse and will deliver enduring returns to shareholders.”

“Louisiana LNG will be a significant contributor to US LNG exports, supporting the nation’s role as a leading energy supplier to the world. It is expected to support tens of thousands of high-quality jobs in the US, strengthen global energy security and generate billions of dollars in local and national revenues, delivering long-term benefits to the communities where we operate.”

“We appreciate the support the project has received from the local, Louisiana State and US Federal governments which understand the contribution that Louisiana LNG can make to the economy and energy supply.”

Woodside completed the sell-down of a 40% interest in Louisiana LNG Infrastructure LLC to New York-based investment firm Stonepeak in Jun. The company is continuing discussions with potential high-quality partners interested in acquiring equity in the project holding company Louisiana LNG LLC

Louisiana LNG president Sarah Bairstow said she was pleased with the speed at which the project was progressing.

“Woodside is focused on the safe execution and delivery of Louisiana LNG. Construction activity under our contractor Bechtel is proceeding at pace. The facility is being constructed piece-by-piece in the US, meaning approximately 85% of the construction spend is local. At the same time, we continue to actively market US LNG in Europe and Asia, targeting delivery from 2029 onwards.”

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