Woodside Sees International Sales at Double Australia’s by 2032

Woodside Energy Group Ltd. sees its international operations driving growth, with sales from projects including in the US jumping to more than two-thirds of the total within the next decade.

The Australian oil and gas producer sees total sales soaring 55% from last year’s levels to 300 million barrels of oil equivalent by 2032, it said at a presentation on Wednesday. International sales are forecast to almost quadruple to more than 200 million barrels.

Woodside has remained bullish on the demand outlook for fossil fuels, particularly liquefied natural gas, and earlier this year gave the final approval for a $17.5 ...