Buru Advances Rafael Gas Project with EPA Review
Buru Energy Ltd has taken a significant step forward by referring its Rafael Gas Project in Western Australia's Canning Basin to the Environmental Protection Authority of Western Australia (EPA WA). The company expects a decision from the EPA by the end of the year, which will determine whether the project requires a full environmental assessment. The Rafael field, intended to supply the domestic market, is projected to produce 300 metric tons of LNG per day, along with liquefied petroleum gas and condensate products.
Buru emphasizes that the Rafael Project is the only proven conventional gas and liquids resource in the greater Kimberley region. The company highlights its modular development concept, designed to generate long-term cash flow, reduce regional reliance on imported energy, and support future growth. The referral to the EPA de-risks the project and keeps it on track for a Final Investment Decision in the second half of 2027 and first gas production in early 2029.
The project's initial development has been independently assessed to contain 15.25 million barrels of oil equivalent (MMboe) in proven and probable reserves, with potential for 65.74 billion standard cubic feet (Bscf) of sales gas. Buru's executive chair, David Maxwell, noted that the reserves certification strengthens the project's technical and commercial merits, making it a critical enabler for financing. The evaluation by Sproule ERCE focused on the foundation development, including two production wells and modular processing capacity.
Under a co-development deal, Clean Energy Fuels Australia (CEFA) will own the downstream components, including the liquefaction facility. Buru recently secured a two-year extension until July 2027 to apply for a production license for the Rafael Project.