Who is the new CEO of Woodside Energy Group Ltd.?

Liz Westcott has been appointed as the new chief executive officer of Woodside Energy Group Ltd.

What is the forecast for global LNG demand?

Woodside Energy forecasts a significant 50% jump in global LNG demand over the next decade.

Home / Business and Economy / New CEO Takes Helm Amid Soaring Gas Prices

New CEO Takes Helm Amid Soaring Gas Prices

Q: What factors are influencing current gas prices?

Current gas prices are influenced by geopolitical tensions affecting production from Persian Gulf producers like Qatar.

18 Mar

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Summary

Woodside Energy Group has a new chief executive officer.
The company forecasts a 50% jump in global LNG demand.
Soaring gas prices impact the new CEO's growth decisions.

New CEO Takes Helm Amid Soaring Gas Prices

Liz Westcott has been appointed the new chief executive officer of Woodside Energy Group Ltd., taking over from Meg O'Neill. Westcott, who has been acting CEO since December 2025, previously managed the company's Australian operations. Her leadership commences as Woodside forecasts a substantial 50% increase in global liquefied natural gas (LNG) demand within the next ten years, reflecting one of the sector's most optimistic outlooks.

Westcott, 56, faces critical growth decisions for the company, which is positioned to benefit from the current surge in gas prices. These higher prices are partly due to geopolitical tensions affecting production from Persian Gulf producers like Qatar. The company's fixed annual reward is A$2.3 million, with eligibility for additional incentives.