Japan's Mitsui cleared to export gas from West Australian project

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Japan's Mitsui & Co won an exemption from the Western Australian government on Monday to export gas from a new onshore field, in a push to jump start the project and help the state's recovery from the coronavirus pandemic.

MELBOURNE - Japan’s Mitsui & Co won an exemption from the Western Australian government on Monday to export gas from a new onshore field, in a push to jump start the project and help the state’s recovery from the coronavirus pandemic.

Western Australia said it would ban all exports of onshore gas in a bid to hold down gas prices in the state, effectively ruling out a west-to-east pipeline to help the country’s eastern states overcome a looming gas supply crunch. “Once sanctioned, it will provide urgently needed jobs, royalties and economic stimulus for the region and the State,” state premier Mark McGowan said in a statement.

Mitsui E&P Australia welcomed the certainty that the export exemption provided the project but had no further comment.

 

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