Woodside Energy is involved in intensive discussions with a couple of parties interested in participating in its newly approved $17.5 billion Louisiana LNG gas-export project, Chief Executive Meg O’Neill said.

Woodside Energy (NYSE:WDS) said Monday it will move forward with the Louisiana LNG project, anticipating total capital spending of $17.5B, as the Australian company bets on strong ongoing demand for traditional fuels and the U.

Woodside Energy has announced the final investment decision for the Louisiana LNG project, with production slated to begin in 2029.