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Australian Energy Giant Approves $17.5 Billion LNG Project in Louisiana

The move comes amid President Donald Trump declaring a national energy emergency.
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Australian Energy Giant Approves $17.5 Billion LNG Project in Louisiana
A Woodside logo is seen in Perth, Western Australia, on March 16, 2024. Susan Mortimer/The Epoch Times
Monica O’Shea
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Australian energy giant Woodside will push ahead with a $27 billion (US$17.5 billion) liquefied natural gas (LNG) project in Louisiana, United States.

Woodside shares rose 1.47 percent on the Australian Stock Exchange (ASX) to 20.66 each on April 29 in reaction to the news.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]