Woodside Petroleum CEO on U.S.-China Tariffs, Gas Prices, Dividend

The video discusses the impact of US-China trade tensions on LNG exports, highlighting potential opportunities for companies like Woodside. It examines Woodside's competitive position in the market, the current state of oil and gas prices, and the dynamics of LNG pricing. The shift from long-term to shorter LNG contracts is explored, along with the implications for market liquidity. The domestic gas market in Australia is analyzed, and Woodside's financial strategy, including dividend payouts, is discussed.

What potential action by China could impact US LNG exports?

• Subsidizing US LNG

• Reducing tariffs

• Increasing imports

• Imposing tariffs

How is Australia perceived in terms of LNG production costs?

• Uncompetitive

• Low cost

• Moderate cost

• High cost

What is the current trend in oil rig rates?

• Stable

• Increasing

• Decreasing

• Fluctuating

What is the typical lag time for LNG prices to reflect changes in crude prices?

• 1 month

• 12 months

• 3 months

• 6 months

What percentage of LNG contracts are now short to medium term?

• 70%

• 90%

• 50%

• 20%

What is a key factor driving the shift to shorter LNG contracts?

• Increased liquidity

• Fewer suppliers

• Decreased demand

• Higher prices

How does the domestic gas policy in WA affect local gas prices?

• Stabilizes prices

• Decreases prices

• Has no effect

• Increases prices