Woodside faces challenges selling LNG from Louisiana facility due to high liquefaction fees

Summary

Woodside Energy is struggling to sell LNG volumes from its planned Louisiana export facility as it seeks liquefaction fees above U.S. market rates. The company has only secured one long-term sales agreement with Uniper for 2 million metric tons per year, representing 25% of its output. Woodside's initial fee demand of $2.80 per mmBtu is higher than the prevailing rates of $2.40 to $2.50 per mmBtu.

Recent Coverage

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  BOE Report • Apr 30