Woodside, page-4165

Peter Dutton's proposal to reserve up to 20% of export gas for domestic use could have mixed implications for Woodside Energy (WDS). On one hand, the policy aims to lower domestic gas prices, which might reduce Woodside's revenue from higher-priced export markets. This could impact their profitability, especially if the reserved gas is sold at a capped price of $10 per gigajoule, as proposed

On the other hand, the policy might create opportunities for Woodside to strengthen its domestic market presence. If the government supports infrastructure development, such as pipelines and storage, it could benefit companies like Woodside by improving access to local markets. However, the policy has faced criticism for potentially deterring investment in new gas projects, which could affect Woodside's long-term growth