July 12, 2018

Inpex Corporation, Japan’s largest exploration and production company announced that the Inpex-operated Ichthys LNG Project’s carried out an inspection mainly on electrical equipment during the process of final safety verifications in cooperation with Australian regulators, in preparation for the start-up of production. The Project has already completed the necessary commissioning of all key onshore and offshore facilities for production start-up. Following additional verifications concerning the electrical equipment, the Project is scheduled to commence production, and will thereafter begin the shipment of products towards the end of the first half of the current fiscal year.  Products will be shipped in the order of condensate, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) 2 April to September 2018 While the Project’s activity schedule going forward may fluctuate depending on weather conditions at the worksites, preparation activities and other factors, Inpex will continue to work towards the success of the Ichthys LNG Project with the understanding and cooperation of all its stakeholders, including the Project’s joint venture participants, the local communities, the Australian Federal Government and the governments of Western Australia and the Northern Territory.
Located about 220 kilometres offshore Western Australia, Ichthys represents the largest discovery of hydrocarbon liquids in Australia in 40 years. The Ichthys LNG Project is ranked among the most significant oil and gas projects in the world, with three mega-projects rolled into one, involving some of the largest offshore facilities in the industry, a state-of-the-art onshore processing facility and an 890 km pipeline uniting them for an operational life of at least 40 years. (Source and image: Inpex)