processing precinct gas hub site to be known shortly
Previously, Mr Barnett has named North Head as his preferred site.
A final decision will be made within a fortnight.
Mr Barnett told the gathering the Government would use the Publics Work Act to acquire the land.
"So we will acquire it as Government owned land and then we will lease it out to proponents," he said.
"Whether that be Woodside, Inpex or anyone else in the future.
"That may sound a bit radical.
"I assure you it's not.
"That is the way most industrial land in Western Australia has been acquired and operated."