Inpex-led Ichthys LNG starts gas production
Inpex-operated Ichthys LNG project started production from its gas wells marking the start of 40 years of operations.
The produced gas will be gathered within the central processing facility (CPF) Ichthys Explorer where it will be separated into gases and liquids.
Thereafter, the liquids will be piped to the nearby floating production, storage and offloading (FPSO) facility, the Ichthys Venturer while the gases will be transported via the 890-kilometer long gas export pipeline (GEP) to the onshore gas liquefaction plant at Darwin in Australia’s Northern Territory.
The Ichthys LNG project is expected to produce up to 8.9 million tonnes of LNG and 1.6 million tons of LPG at peak annually, with up to 100,000 barrels of condensate per day at peak.
Inpex said in its statement the project expects to begin the shipment of products towards the end of the first half of the current fiscal year in September.
The company’s “forecasted consolidated financial results for the year ending March 2019, which factor the project’s expected revenue contributions, are currently being evaluated taking into account the oil price outlook and other factors, and will be announced immediately if forecasts are revised.”
The project is a joint venture between Inpex, major partner Total, Taiwan’s CPC Corporation and the Australian subsidiaries of Tokyo Gas, Osaka Gas, Kansai Electric, Chubu Electric Power and Toho Gas.