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 Group Ltd. made a final investment decision on a $17.5 billion liquefied natural gas export project in the US, cementing the Australian company’s position as a top supplier of the fuel.

Australia's Woodside Energy said on Tuesday it will proceed with the Louisiana Liquefied Natural Gas project, while flagging total capital expenditure for the LNG project, pipeline and management reserve of about $17.