Inpex to begin shipments from Ichthys LNG project by September

13 July 2018 (Last Updated July 13th, 2018 11:37)

Japanese oil company Inpex has planned to start LNG shipment from the offshore Ichthys project in Western Australia by the end of September this year, after completing all necessary verification process.

Inpex to begin shipments from Ichthys LNG project by September
The Ichthys LNG Project’s development drilling rig. Credit: INPEX Australia.

Japanese oil company Inpex has planned to start shipments from the offshore Ichthys LNG project in Western Australia by the end of September this year, after completing all necessary verification process.

Under the final safety verification procedure, the company has carried out an inspection primarily on the electrical equipment of the project, in collaboration with Australian regulators.

The Inpex-operated Ichthys project has already completed the commissioning process of all major onshore and offshore facilities necessary to begin LNG production.

The project is scheduled to undergo additional verifications of the electrical equipment before it commences production.

"The Inpex-operated Ichthys project has already completed the commissioning process of all major onshore and offshore facilities necessary to begin LNG production."

Inpex also noted that the schedule can change depending on completion of preparation activities, weather conditions at the worksites, and other reasons.

Along with the operatorship, the company holds 62.245% interest in the Ichthys LNG project.

The other stakeholders of the project are Total with 30% participating interest and Australian subsidiaries of CPC (2.625%), Tokyo Gas (1.575%), Osaka Gas (1.2%), Kansai Electric Power (1.2%), JERA (0.735%) and Toho Gas (0.42%).

The overall project involves recovering LNG lifted from the field and transporting it to an onshore gas liquefaction plant in Darwin, Northern Territory province of Australia.

It is expected to produce and ship nearly 8.9 million tonnes of LNG and around 1.65 million tonnes of LPG annually.

The Ichthys LNG project, capable of producing approximately 100,000 barrels of condensate per day at peak, is estimated to remain operational for 40 years.