Osaka Gas to Acquire 5% Stake in Browse LNG Project, WA
09.21.2026 By Tank Terminals - NEWS

September 21, 2026 [Offshore Technology]- Osaka Gas, through its unit Osaka Gas Browse (OGB), has agreed to acquire a 5% stake in the Browse Project offshore Western Australia from BP Developments Australia. OGB will be jointly funded by Osaka Gas Australia and JOGMEC, with discussions ongoing under JOGMEC’s LNG supply scheme announced on April 1, 2026. Operated by Woodside Energy, the project covers the Brecknock, Calliance and Torosa gas fields and is advancing toward FEED. It targets around 11 mtpa of LNG, using North West Shelf infrastructure, with CCS included in the design. Completion remains subject to regulatory and JV approvals.

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