The Azure plan is to build a supply base at Point Torment, about 30km north of Derby, to supply the Browse project plus any other nearby LNG projects that may be developed.
Inpex’s Icthys, for example, falls into this frame.
Even if Browse was to be developed with a floating LNG plant, there would still be a need for a supply base and Point Torment would fill that need.
“Regardless of whether James Price Point goes ahead, our reading of the play is that a supply base in that area would be advantageous to oil and gas companies,” Wolf said.
“There will still be a need for that supply base.”
One of Port Torment’s biggest strengths is that it is not Broome.
The other alternatives such as Wyndham and Darwin are really too far away.
Linking the project to the Warrawa people, which Wolf wants to do, could prove to be a masterstroke.
It offers the Warrawa an opportunity to also cash in from the resources boom that will be running around their region.
Energy News understands Derby Shire Council is also keen to have Point Torment developed.