Woodside Energy Restarts North West Shelf LNG After Cyclone as Australia Eyes Gas Security
Woodside Energy has restarted LNG and domestic gas production at its North West Shelf project in Western Australia after Cyclone Narelle halted operations. Chevron’s Wheatstone LNG plant remains fully offline, with repairs expected to take weeks. The Australian government may trigger the ADGSM to secure local gas supply as east-coast shortages loom. Brent crude closed at $109.03 a barrel, up nearly 8% amid ongoing supply concerns.