Completion of the SPA is conditional on a number of matters including regulatory and Browse joint venture participant approvals.
The development of Browse has the potential to make a significant contribution to energy security in Australia and in the Asia-Pacific region. The Browse fields, which were discovered between 1971 – 2000, contain a combined contingent resource of about 13.9 trillion ft3 of dry gas and approximately 390 million bbl of condensate.
