It is probably not "new" news but Woodside Energy Group remains a strong believer in the buoyant outlook for liquefied natural gas (LNG), forecasting prices to stay high for a few years more as the market adjusts to supply disruptions caused by Russia's invasion of Ukraine and the subsequent western sanctions. Woodside CEO, Meg O'Neill told an industry conference in South Korea this week that, "With the invasion, we are seeing the world try to move away from Russian hydrocarbons and that means that demand for LNG from places like Australia is up," "We do expect … prices to remain elevated for the next year, perhaps next few years as the world tries to rebalance gas in supply and demand," she said on the sidelines of the World Gas Conference In comments to Reuters, she pointed out that the global LNG market was already tight before the invasion because of underinvestment in the past five years.