THE INPEX Corporation-led Ichthys LNG Project has achieved another milestone with the departure of its first shipment of condensate.
The cargo departed from the roject’s massive offshore floating production, storage and offloading facility – the Ichthys Venturer –moored in the Browse Basin, some 220 kilometres 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.
At peak, the Ichthys LNG Project is expected to produce:
- up to 8.9 million tonnes of LNG per annum;
- up to 1.65 million tonnes of LPG per annum; and
- up to 100,000 barrels of condensate per day.