LNG

Beach Energy, the Australian exploration and production company set to become the nation’s newest LNG exporter in 2023, has completed its Otway Basin drilling campaign offshore South Australia and Victoria to boost domestic supplies.

Mitsui & Co., the Japanese conglomerate and LNG market participant in the shipping and project sectors, has completed the takeover of Australian natural gas operator AWE and has immediately agreed to acquire a gas plant in the state of Victoria in southeast Australia.