The two owners of the Bonaparte gas project off northern Australia are homing in on a near-shore liquefied natural gas solution as their preferred development concept.
The co-owners Engie (formerly GDF Suez) and Santos postponed the project last June after deciding that a floating LNG vessel in open water was too expensive.
Since then, they have studied a range of alternative concepts whereby the Bonaparte gas would feed either a standalone LNG development, a third-party LNG plant, or the domestic gas market in Australia.
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