Buru Energy

Buru recognises the Traditional Owners of the land on which we operate, and we acknowledge their ongoing cultural and spiritual connections to the lands, waters, skies and communities. We pay our respects to their Elders past, present and emerging.

Subscribe to receive announcements and updates from Buru Energy.

Home

Corporate Directory

About Buru

Our Board and Management Team

About Us

Rafael 1 Wet Gas Discovery

Projects

Research

Videos and Podcasts

Reports

Investor Information

Updates

Announcements

Investor Presentations

Investors

Webinars

Environment

Corporate Governance

Community Engagement

GeoVault (CCS)

Corporate

Contact

Options Prospectus

Inter

Welcome to Buru Energy

Buru Energy receives green light to export gas from Canning Basin, strengthening Rafael development strategy

upload.jpg

Buru Energy Ltd (ASX:BRU, OTC:BRNGF) has welcomed a recent update to Western Australia’s Domestic Gas Policy, which has opened the Canning Basin - and Buru’s Rafael conventional gas and condensate discovery - to lucrative international gas markets.

With gas exports officially banned from the Perth Basin, this decision by the WA Government places the Canning Basin and Buru’s 100% owned and operated Rafael discovery in the spotlight and potentially in the crosshairs for international development partners seeking Western Australian gas.

The policy – which will also require Canning Basin gas project developers to commit 15% of their export volumes for sale on the domestic market – is well suited to the first phase of the Rafael development, which is targeting the regional Kimberley market via a gas to power project.

The policy update represents a bedrock of certainty for Buru’s second phase, larger scale Rafael project, which is targeting the export market, including Liquified Natural Gas (LNG).

Read the full article on Proactive Investors