The Australian company Woodside Energy has taken a final investment decision (FID) on its 16.5 Mt/year Louisiana LNG terminal, located in the US State of Louisiana. The forecast total capital expenditure for the LNG export project, pipeline and management reserve is estimated at US$17.5bn. Woodside targets first LNG from the three-train project by 2029.
In 2024, Woodside bought Tellurian, which was developing the up to 27.6 Mt/year Driftwood LNG (renamed Woodside Louisiana LNG), located in the US State of Louisiana and had started construction works in 2022. The project, which will consist of 5 LNG trains developed in phases, will initially include three 5.5 Mt/year liquefaction trains with a combined capacity of 16.5 Mt/year.
In April 2025, Woodside agreed to sell a 40% stake in Louisiana LNG to the American infrastructure investor Stonepeak for a value of US$5.7bn.