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INPEX Completes Ichthys LNG Project Offshore Preparations

Source: www.gulfoilandgas.com 5/31/2018, Location: Not categorized

INPEX CORPORATION (INPEX) announced that the commissioning of the INPEX-operated Ichthys LNG Projectís (the Project) Central Processing Facility (Ichthys Explorer) required for production start-up has been completed.

This milestone marks the completion of the necessary commissioning of all key onshore and offshore facilities for production start-up. The Project is scheduled to commence production of gas from the wellhead upon conducting final safety verifications, and will thereafter proceed with the shipment of cargoes towards the end of the first half* of the current fiscal year.

INPEX will continue to work toward the success of the Ichthys LNG Project with the understanding and cooperation of all its stakeholders, including the projectís joint venture Ichthys Explorer partners, the local communities, the Australian federal government and the governments of Western Australia and the Northern Territory.

The companyís forecasted consolidated financial results for the year ending March 2019, which include the expected revenue contributions from the Project, remain unchanged.

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