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Woodside Energy Group ( (AU:WDS) ) just unveiled an announcement.
Woodside Energy Group has approved the final investment decision for the Louisiana LNG development, a transformative project expected to position the company as a global LNG powerhouse. The project involves a three-train foundation development with a capacity of 16.5 million tonnes per annum, with potential expansion to 27.6 million tonnes. This strategic investment is set to enhance Woodside’s cash generation potential and shareholder value, leveraging abundant US gas resources and strategic partnerships to meet long-term LNG demand in Asia and Europe.
More about Woodside Energy Group
Woodside Energy Group is a leading player in the energy industry, primarily focusing on the exploration, development, and production of liquefied natural gas (LNG). The company is known for its operational excellence and strategic investments in LNG projects, aiming to meet the growing global energy demand.
YTD Price Performance: -12.67%
Average Trading Volume: 5,761,168
Technical Sentiment Signal: Buy
Current Market Cap: A$39.34B
Learn more about WDS stock on TipRanks’ Stock Analysis page.
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