Nexus said Mitsui had pulled out of the $US255 million purchase in the Crux project due to global market conditions.

The Australian Associated Press reported Goldman Sachs JBWere analyst Mark Wiseman saying there was greater uncertainty surrounding the project after the deal collapsed.

“With the sell-down process delayed, and Nexus’ requirements to access capital markets potentially increasing, we see the risks to the Crux project schedule also increasing,” he said.

Nexus