Woodside Energy Group Ltd. (ASX:WDS), Australia’s top liquefied...

Woodside Energy Group Ltd. (ASX:WDS), Australia’s top liquefied natural gas exporter, expects consumption of the fuel to rise 50% over the next decade, pushing the supplier to consider further expansions.

“We’re seeing signs of that demand growth in emerging Asia,” Chief Executive Officer Meg O’Neill said Tuesday in an interview. “There’ll be points in time where we’ll see a fair amount of new supply arriving, but the demand growth is really likely to absorb that over the course of the coming years.”

The outlook is one of the most bullish in the industry, as energy companies and environmentalists debate the role of gas in the world’s transition to cleaner fuels.
https://www.energyvoice.com/oilandgas/australasia/548710/lng-demand-will-surge-50-in-next-decade-woodside-ceo-says/