Woodside Energy Expands into U.S. LNG Market ...Middle East

OILPRICE - Economy
Woodside Energy Expands into U.S. LNG Market
source : OILPRICE ( Middle East ) () 40
Suppose you wanted to get into the LNG business in the U.S. to take advantage of the global low-cost of supply advantage held by America. So the desire and the rationale are there, but you’d like to avoid some of the headaches associated with building a liquefaction facility. Site selection, permitting, financing, and associated infrastructure to support moving field gas to your site; essentially 7-10 years’ worth of work and trouble before you ever make a dime. In the meantime, maybe your stock tanks from upfront capex and interest…

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