Financial Wire

Inpex to Supply 630 000 Barrels of Natural Gas Condensate to Australian Refiners Amid Fuel Shortages

-- Japan's Inpex (TYO:1605) will supply 630,000 barrels of natural gas condensate from its Australian LNG export project to local refiners, according to a statement on Monday.

The first shipment of the condensate -- a vital feedstock for producing gasoline, diesel, and jet fuel -- is set to depart Western Australia in late April 2026 and arrive at an east coast refinery in May.

A second comparable cargo will be preferentially made available to Australian refineries in the coming months, subject to operational needs and commercial terms.

Inpex managing director Tetsu Murayama said the move reflects the company's long-term commitment to Australia's energy security and its responsibility as a major local investor amid strained global fuel markets.

Since 2019, Inpex has supplied 30 such cargoes to Australian customers and intends to keep working with the industry and the federal government to ensure stable access to critical fuel products.

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