LNG

Woodside Petroleum, the operator of two liquefied natural gas export plants in Western Australia, posted 63 percent higher second-quarter revenues of US$1.32 billion compared with US$805 million in the same period last year as Asian LNG demand surged and prices increased.

Australian liquefied natural gas producer Woodside Petroleum recovered from a disastrous 2019 second quarter with a jump in third-quarter LNG revenue because the Pluto plant was back on line, though earnings were still lower than the third quarter of 2018.