Inpex Corporation announced the departure of its first shipment of condensate from the Inpex-operated Ichthys LNG Project.
The cargo departed from the Project’s massive offshore floating production, storage and offloading facility - the Ichthys Venturer –moored in the Browse Basin, some 220 kilometres (136 miles) off the northwest coast of Western Australia.
“Departure of the first condensate cargo from the INPEX-operated Ichthys LNG Project demonstrates our commitment to be a reliable, global energy supplier,” said Inpex President Director Australia, Seiya Ito.
“This shipment of condensate is destined for the Asian market and signifies an important step forward as we begin to generate revenue from a project we expect will operate for 40 years to come.”
Inpex will continue to work toward 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.
Later this year, the Ichthys Project will commence shipment of cargoes from Bladin Point near Darwin in Australia –with liquefied natural gas (LNG) and liquefied petroleum gas (LPG) exports expected to follow in sequence.
Inpex Corporation is Japan’s largest exploration and production (E&P) company, and a mid-tier E&P player just behind the world’s oil majors.
The Ichthys LNG Project is a project led by Inpex alongside major partner Total, and the Australian subsidiaries of CPC Corporation Taiwan, Tokyo Gas, Osaka Gas, Kansai Electric, JERA and Toho Gas that involves liquefying natural gas lifted from the Ichthys Gas-condensate Field offshore Western Australia at an onshore gas liquefaction plant constructed in Darwin, Northern Territory, and producing and shipping approximately 8.9 million tons of LNG and approximately 1.65 million tons of LPG per year, along with up to 100,000 barrels of condensate per day at peak.