The Louisiana LNG play: Woodside’s new growth engine
How a high-return, derisked LNG development is reshaping Woodside’s global position and attracting major capital partners
1 minute read
Melanie Crisp
Research Director, Short Term Gas

Melanie Crisp
Research Director, Short Term Gas
Latest articles by Melanie
View Melanie Crisp's full profileWith global demand for LNG rising and the energy transition accelerating, Woodside has approved a $17.5 billion final investment decision (FID) for the Louisiana LNG project—one of the most significant new energy developments in the United States. This detailed report breaks down what this means for the company, its partners, and the global LNG market.
Download the full report to explore:
- Strategic investment structure – How Woodside is using an innovative HoldCo model and a £4.5B commitment from Stonepeak to reduce risk and capital burden while maintaining control.
- Financial outlook – A project targeting a 13%+ internal rate of return and £1.6 billion in annual operating cash flow, with a seven-year payback period.
- Offtake and marketing strategy – Insights into the flexible sales agreement with Uniper and how it positions Woodside ahead of traditional U.S. LNG developers.
- Market positioning – How this project enhances Woodside’s reach across the Atlantic and Pacific basins, with access to low-cost U.S. gas and full permitting already in place.
This is essential reading for anyone tracking major shifts in LNG supply dynamics, strategic infrastructure investment, or Woodside’s role in the global energy landscape.
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