Australian media reported today that the investment of the Mitsui and Mitsubishi joint venture in the Browse basin project announced on Tuesday had made the Browse partners’ eventual rejection of the plan more likely.
But speaking after his company’s annual general meeting today, Coleman said the deal between the companies was silent on the development option.
“They’ll form their own opinion and they have not shared with us a preference one way or another,” he said, adding that the company had a commitment to take the James Price Point project through to a certain point, which it expected to reach later this year.
“We
