This milestone marks the completion of the necessary commissioning of all key onshore and offshore facilities for production start-up.
Ichthys 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.
The company’s forecasted consolidated financial results for the year ending March 2019, which include the expected revenue contributions from Ichthys, remain unchanged.
The Ichthys LNG Project comprises an onshore LNG processing plant, offshore processing facilities, condensate storage, a 500 MW combined-cycle power plant and an 889 km, 1,050 mm diameter offshore pipeline.
The project will develop gas from the Ichthys gas field, located in permit WA-285-P in the Browse Basin, approximately 200 km offshore northwest Australia.
The project is expected to begin production by the end of May.
Joint venture interests in the project are INPEX (63.445 per cent), TOTAL (30 per cent), CPC (2.625 per cent), Tokyo Gas (1.575 per cent), Osaka Gas (1.2 per cent), Chubu Electric (0.735 per cent) and Toho Gas (0.420 per cent).
