Woodside Energy, which agreed to purchase Tellurian Inc. in July, intends to maintain at least 50% interest in the Driftwood LNG project, CEO Meg O'Neill said during the Gastech 2024 conference in Houston. "I think we'd like to keep 50% as a floor, but again, the exact structure might vary a bit," O'Neill said during a briefing with the media. "That's why we don't want to be too deterministic because again, it'll come down to what sort of stake the [potential partners] want, what kinds of capabilities they bring to the table." O'Neill said a pause enacted by the Biden administration on new U.S. LNG export approvals announced in early 2024 gave Woodside, and Driftwood, a slight head-start over other projects. But for the overall industry, she questioned the reputational risk for the U.S. "From an industry perspective, it's in my mind not constructive because it creates a question of, is the U.S. a stable place to invest or not? Obviously, we think it is, we're backing it with our Tellurian investment and our OCI clean ammonia project acquisition, but it does create a bit of uncertainty and something that we'll just need to continue to navigate over time."