INPEX ships first cargo from Ichthys LNG project

Image: INPEX.

INPEX Corp’s first cargo of liquefied natural gas (LNG) from the Ichthys LNG project has departed from its onshore gas liquefaction plant in Darwin, Northern Territory.

The first LNG shipment is heading to the INPEX-operated Naoetsu LNG terminal in Niigata Prefecture in Japan.

“First cargo from Ichthys LNG is a historic moment for INPEX Japan and Australia.  It demonstrates our commitment to being a safe, reliable long-term energy supplier,” INPEX president director Australia, Seiya Ito, said.

“Ichthys is an iconic project for Australia. With an operating life of around 40 years, Ichthys LNG will be delivering benefits to the Australian economy and community for decades to come.”

Ichthys will gradually increase its production volume of LNG to approximately 8.9 million tonnes of LNG per year when it reaches its production plateau – this is equivalent to more than 10 per cent of Japan’s annual LNG import volume.

Approximately 70 per cent of the LNG produced by Ichthys LNG is scheduled to be supplied to Japanese customers.

The departure of the LNG cargo follows the project’s shipment of field condensate (ultra-light crude oil) earlier this month. The project is also scheduled to start shipments of liquefied petroleum gas (LPG) later this year.