Woodside Energy CEO Downplays LNG Risk From Russia-China Pipeline Deal

Woodside Energy shrugged off concerns that liquefied natural gas demand in Asia would ebb following the announcement that Russia’s Gazprom PJSC is building the Power of Siberia 2 gas pipeline to China.

Chief Executive Officer Meg O’Neill said Tuesday that while China is part of the northeast demand region, other markets such as South Korea and Japan remain key. Demand in price-sensitive countries such as India, Pakistan and Bangladesh would also become increasingly more important, she added.