SK Innovation E&S secures 1.3 million tons of Barossa LNG annually

Sep 30, 2026 06:52 (24d ago)

SK Innovation E&S receives Barossa LNG through Darwin LNG for South Korean customers.
1.3 million tons are secured annually for 20 years, representing about 3% of imports.
Barossa began production last December and shipped its first cargo in January this year.

SK Innovation E&S has begun receiving LNG from Australia’s Barossa gas field through the Darwin LNG plant, securing 1.3 million tons annually for 20 years. The company invested $1.6 billion in the $4.3 billion project alongside Santos and JERA, after expanding estimated reserves and reusing facilities from the depleted Bayu-Undan field. Barossa’s output represents about 3% of South Korea’s annual LNG imports and can reach the country in a little over 10 days without passing through the Middle East. The project forms part of SK Innovation E&S’s vertically integrated LNG business, spanning gas production, vessels, terminals and power plants.