Australian Industrial Energy, part of the Minderoo Group investment and mining company, has advanced with plans for the first Australian liquefied natural gas import terminal with Japanese partners, including the choice of location.
Two Australian exploration and production companies said an independent review had increased by 78 percent the estimated reserves for the Waitsia natural gas field in the Perth Basin of Western Australia, the largest onshore discovery for 40 years and destined for the domestic market.
The Australian government-led feasibility study has now started to examine the potential of a West-East natural gas pipeline to supply eastern and southern markets with Western Australia’s abundant supplies as an alternative to domestic LNG shipments.