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Ichthys LNG

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Case study content

Located about 220 kilometres offshore Western Australia, Ichthys represents the largest discovery of hydrocarbon liquids in Australia in 40 years. The Ichthys LNG Project is currently in construction and is ranked among the most significant oil and gas projects in the world.

It is effectively three mega-projects rolled into one, involving some of the largest offshore facilities in the industry, a state-of-the-art onshore processing facility and an 889 km pipeline uniting them for an operational life of at least 40 years.

The Ichthys LNG Project is a Joint Venture between INPEX group companies (the Operator), major partner Total, CPC Corporation Taiwan and the Australian subsidiaries of Tokyo Gas, Osaka Gas, Kansai Electric Power, Chubu Electric Power and Toho Gas.

A Final Investment Decision for the Ichthys LNG Project was reached in 2012 and first production is scheduled to commence towards the end of September 2017.

The Project is expected to produce 8.9 million tonnes of LNG and 1.6 million tonnes of LPG per annum, along with more than 100,000 barrels of condensate per day at peak.

Gas and condensate from the Ichthys Field will be exported to onshore facilities for processing near Darwin via an 889 km pipeline. Most condensate will be directly shipped to global markets from a floating production, storage and offloading facility permanently moored near the Ichthys Field in the Browse Basin.

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