Original article by Colin Packham
The Australian – Page: 15 & 19 : 23-Jul-24

Woodside Energy will increase its presence in the US after securing a $US1.2bn ($1.79bn) deal to acquire Tellurian, which is developing an LNG export terminal in Louisiana. Tellurian’s Driftwood terminal is expected to have annual export capacity of about 27.6 million tonnes, which is significantly higher than Woodside’s annual production in Australia. Woodside expects to make a final investment decision on the Driftwood project by the end of 2025, and says the facility could be operational before the end of this decade. Tellurian is said to have invested more than $US1bn in the project to date.

CORPORATES
WOODSIDE ENERGY GROUP LIMITED – ASX WDS, TELLURIAN INCORPORATED