Woodside reports year-over-year plunge in revenues but higher output helps earnings to improve on last quarter
Woodside Energy, the operator of the North West Shelf and Pluto liquefied natural gas LNG plants in Western Australia, reported a plunge in third-quarter revenues as LNG prices dropped from the record levels of last year though increased by 6 percent from the previous three months of 2023 as Woodside also suffered a regulatory setback on the Scarborough gas project.
Woodside boosts LNG revenue from Western Australia to over US$2 billion as expansion plans advance
Woodside Petroleum, the operator of the North West Shelf and Pluto LNG export plants in Western Australia, said first-quarter LNG sales revenues increased to US$2.04 billion from US$838 million in the prior-year quarter as plans advanced for liquefaction and feed-gas expansions.
Woodside of Australia posts 33 percent plunge in 2020 LNG sales revenue in roller-coaster year for prices
Woodside Petroleum, the Western Australian operator of two LNG export plants, posted a plunge of more than 33 percent in 2020 LNG sales revenues after the roller-coaster price movements in the year of Covid-19.
