Portfolio overview

Portfolio location

Portfolio location Gorgon Ichthys Crux Sunrise Qalhat

Country Project Area Type Stage Share Acquired
Australia/
Timor-Leste
Sunrise Timor Sea Upstream(Gas) Pre-development 10% 2000
Australia Crux Browse Basin Upstream(Gas) Appraisal & Concept Screening 3% 2007
Australia Gorgon Carnarvon Basin Upstream(LNG) Operation 1.25% 2009
Australia Ichthys Browse Basin Upstream(LNG) Operation 1.20% 2011
Oman Qalhat LNG Qalhat Liquefaction & LNG sales Operation 3% 2006

Sunrise

The Greater Sunrise field is located approximately 450 km north-west of Darwin. Osaka Gas Australia Pty Ltd holds a 10% participating interest in the Greater Sunrise fields. The new Maritime Boundaries Treaty was signed by Australia and Timor-Leste in March 2018 and the entry into force of the Treaty will establish a new framework for the development of the Greater Sunrise fields.

Crux

The Crux field is a gas field, rich in high quality condensate, located in the Browse Basin, offshore of Western Australia. Following consolidation of the gas and liquids interests in 2012, Osaka Gas Australia Pty Ltd holds a 3% interest in the Crux licence area. Crux joint venture partners are progressing studies to develop the field as the primary source of backfill gas supply to the Prelude FLNG (Floating LNG) facility.

Gorgon

Natural gas produced at Gorgon and Jansz-Io gas fields located between 130 and 200 kilometres offshore in Western Australia is liquefied at the Gorgon LNG plant on Barrow Island. The three trains of the liquefaction plant have an annual output capacity of 15.6 million tonnes of LNG. Gorgon project also has a domestic gas plant with the capacity to supply 300 terajoules of gas per day to Western Australia. Gas production commenced in 2016. Osaka Gas Australia Pty Ltd holds a 1.25% interest in the Gorgon project.

Ichthys

Natural gas and condensate are produced at Ichthys gas field located offshore in Western Australia. Condensate is loaded offshore into tankers and gas is transported through the pipeline to Darwin for processing and liquefaction in to LNG, LPG and additional condensate are also produced at the LNG plant. The project, having the total annual LNG output of 8.9 million tons, commenced production in 2018. Osaka Gas Australia Pty Ltd owns a 1.2% interest in the project.

Qalhat

Qalhat LNG, a company incorporated in Muscat, Oman, is the promoter of the second LNG project in Oman. With a production capacity of 3.3 million tons of LNG per annum, the company has shipped LNG since December 2005. Osaka Gas Australia Pty Ltd owns a 3% interest in the project.