As well as the current partners in Crux, BHP Billiton or other developers of the nearby Browse Basin may bid. (BHP Billiton)
Australian mid-cap energy company Nexus is in talks with “high-quality parties” about selling all or part of its stake in the Crux gas and liquids joint venture (JV) with Royal Dutch Shell in the East Browse Basin.
The sale would raise funds for Nexus’ other gas field prospects in the region, which the group’s newly appointed, high-profile management team believes could feed into the several LNG export projects planned in the basin or become a standalone floating LNG scheme in its own right.
Speaking to Interfax at the group’s...
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