Asian investors sought for Western Australia's resources sector

Singapore

THE commodities price slump offers opportunities in Western Australia for Singapore investors, especially in liquefied natural gas (LNG), Bill Marmion, the state's mines and petroleum minister, has said.

In an interview with The Business Times on Tuesday, he said that the lower prices of key commodities such as iron ore has hurt producers across the sector, and that the state's budget is expected to fall into an operating deficit this year and the next.

But the weak price environment has created a low entry-point to investors and has bolstered c…