We supply LNG to major gas and electricity utilities, trading houses and industrial buyers around the world. In addition, we supply crude oil, condensate, and liquefied petroleum gas (LPG). We are also collaborating with our customers on new energy products and lower-carbon services such as hydrogen, ammonia and carbon, capture and storage.
Our marketing and trading strategy is to build a diverse customer base. Our relationships with customers in Australian and international energy markets have been maintained through a track record of reliable delivery and expertise across contracting, marketing and trading.
In 2024, Woodside produced and purchased 177.7 LNG cargoes, equivalent to supplying energy to power almost a third of homes in Japan for 12 months.1
Failure to deliver reliable, affordable energy can jeapordise the energy transition.
Natural gas is expected to have a sustained role in the energy transition.2,3,4,5,6
In 2024, Woodside acquired Louisiana LNG, which has a total permitted capacity of 27.6 million tonnes per annum. This would enable Woodside to better service global customers and capture marketing optimisation opportunities across the Atlantic and Pacific Basins.
Further greenfield exploration for oil and gas resources has the potential to high grade our portfolio and improve our ability to thrive through the energy transition. New resources that are more competitive – for example, lower-cost, lower-carbon, or closer to infrastructure – than other existing global discovered resources are more likely to attract investment to meet the available demand for oil and gas.
