Beach And Itochu Mull South Australian Export Option

摘要

BMI View: Should Asian gas demand indeed soak up surplus LNG capacity, we believe Beach could take the plunge at Cooper Basin. However, South Australia remains a questionable choice for a new LNG facility. Australia's Beach Energy has joined forces with Japanese conglomerate Itochu to examine the possibility of an LNG export facility on the coast of South Australia (SA). Beach is hoping to monetise its unconventional gas resources in the onshore Cooper Basin, but questions have been raised over the commercial feasibility of the project.