“That’s why it’s jumped to the front of the queue,” Mr Coleman told the West Australian.
“It’s a significant turning point in Woodside’s journey, [and] it puts us on a tremendous growth pathway, giving us access to a world-class asset.
“It also makes us very relevant in a global marketplace today and will in the future based on the equity gas we’ll be selling.
“We’ll also be a significant player in the new wave of LNG coming into the market.
“We’re a couple of years away from having to make hard decisions on which one gets into market first.