Woodside Energy (NYSE:WDS) is involved in intensive discussions with "a couple of parties" interested in participating in its just-approved $17.5B Louisiana LNG gas export project, CEO Meg O’Neill said Tuesday.

Woodside Energy approved the $17.5 billion development of the Louisiana LNG project, betting on strong ongoing demand for traditional fuels and the U.S. as a key natural gas supplier to the global market.

The Louisiana LNG development is set to enhance Woodside's global LNG portfolio to approximately 24mtpa in the 2030s, accounting for more than 5% of the worldwide LNG supply.