Woodside Energy Group Invests Billions in Right to Work Louisiana
Woodside Energy Group is investing a total of $17.5 billion in order to establish operations in Right to Work Calcasieu Parish, Louisiana. As a result, the petroleum company will also create 400 new jobs.
From Area Development Magazine:
“Louisiana LNG is a game-changing development for Woodside and for the state of Louisiana. […] We are beyond appreciative of the support we have received from Governor Landry, the state of Louisiana and the local community. We look forward to being a strong community partner, driving economic growth and creating new opportunities for the state of Louisiana.” […]
“Louisiana is in a new economic era, where our competitive advantages and comprehensive business ecosystem is generating transformational opportunities for Louisiana that have a global impact. […] Louisiana’s growth in the LNG sector is reinvigorating our historic status as a worldwide energy leader, and Woodside choosing Calcasieu Parish shows that the work of this administration is positioning Louisiana to win.”
“We are extremely excited to see Woodside Energy’s Louisiana LNG facility reach the FID milestone. […] It is a tremendous investment for Calcasieu Parish and Southwest Louisiana. It will strengthen our regional economy, create great jobs, and provide clean, American energy for our strategic allies. Projected to produce 16.5 million Mtpa of LNG per year, Woodside will be able to provide for the growing energy demands around the world while being good stewards within our community. Woodside has been a strong community partner and a strong environmental steward, and we look forward to continuing our partnership in the coming years.”
To read the previous economic update on Right to Work states, click here.