A pre-feasibility study conducted by Buru Energy (ASX:BRU)  has demonstrated that a floating liquified natural gas facility (FLNG) is an economically viable option to commercialise the Rafael gas and condensate resource.

Buru Energy says the Kimberley region resource could hold more than 1 trillion cubic feet of gas and over 20 million barrels of condensate.

In addition to the floating liquefied natural gas, Buru Energy is also considering local LNG production and methanol, ammonia and urea conversion options for the early commercialisation of the Rafael gas and condensate resource.

The company acquired Origin Energy's (ASX:ORG) Canning Basin Joint Venture interests two months ago.