MELBOURNE/TOKYO, May 15 : Japan's Inpex said on Friday it would buy PetroChina's 10 per cent stake in the Browse gas fields offshore from Western Australia, the country's largest undeveloped gas resource.The Japanese company did not disclose the price it paid for the Chinese giant's 10.67 per cent stake in th

MELBOURNE/TOKYO, May 15 : Japan's Inpex said on Friday it would buy PetroChina's 10 per cent stake in the Browse gas fields offshore from Western Australia, the country's largest…

The deal could strengthen an alternative Browse commercialization route via Inpex’s existing Ichthys LNG facility in Darwin.

Japan’s move to buy into the giant Browse project could throw a spanner in the works of Woodside’s plan to pipe the gas back to its North-West Shelf LNG plant.