Transborders director Daein Cha said: “We are pleased to collaborate with Buru for deploying our solution with the aim to accelerate the commercialisation of Buru’s Rafael-related assets.
“With the governments of Japan and Australia reaffirming the critical importance of enhancing energy security via cooperation through secure and reliable LNG trade and investment, this development could materially contribute to this important cause.”
The pre-feasibility study is due to be completed by end of the first quarter of the new year.
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