Woodside CEO: Markets Are Badly Underestimating the LNG Supply Shock

The global gas markets are seriously underestimating how the shock loss of LNG supply from the Middle East will affect the world and economies in the coming months and years, the head of Australia's top LNG exporter, Woodside, said on Wednesday. “I don’t think markets and consumers and society are yet fully appreciating it, and there’s a belief that things will return to normal at some soon point,” Liz Westcott, chief executive officer at Woodside Energy, told Bloomberg Television in an interview on the sidelines of the…