Asia

Woodside Sells Stakes in Louisiana LNG and Driftwood Pipeline to Williams for $250 Million
Asia

Woodside Sells Stakes in Louisiana LNG and Driftwood Pipeline to Williams for $250 Million

Australian energy company Woodside finalized the sale of a 10% interest in the Louisiana LNG export terminal and an 80% stake in the Driftwood Pipeline to US energy infrastructure firm Williams for $250 million. The deal supports Woodside’s capital recycling strategy, focusing on core upstream assets and expanding LNG export footprint. Williams gains long-term asset control and operational synergy in the Gulf Coast energy corridor. The transaction aligns with midstream market consolidation trends improving efficiency and shareholder value.

Asia’s LNG Demand Declines as Europe Surges with New Energy Imports
Asia

Asia’s LNG Demand Declines as Europe Surges with New Energy Imports

Asia’s LNG imports softened in 2025, falling below 2024 levels, while Europe’s demand surged significantly, up by over 16 million tons year-on-year. Data reveals Asia’s LNG imports stood at 22.84 million tons in October 2025, down from 24.39 million in October 2024. China notably reduced LNG purchases over the year. Conversely, Europe’s expansion in LNG imports comes as it diversifies energy sources away from Russia and boosts gas stockpiles ahead of winter. Analysts suggest Asia’s declining LNG appetite reflects policy shifts towards renewables and energy efficiency gains.

Brian-Niccol
Chairman & CEO, Starbucks

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