Overview
Ichthys LNG is ranked among the most significant energy projects in the world with the joint venture formed between INPEX group companies (the Operator with a 67.82% interest), major partner TotalEnergies (26%), and the Australian subsidiaries of CPC Corporation Taiwan (2.625%), Osaka Gas (1.2%), Kansai Electric Power (1.2%), JERA (0.735%) and Toho Gas (0.42%).
A Final Investment Decision for Ichthys LNG was reached in 2012 and production commenced in July 2018.
Ichthys LNG produces up to 9.3 million tonnes of LNG and 1.65 million tonnes of LPG per annum, along with more than 100,000 barrels of condensate per day at peak.
It is one of the few energy projects worldwide to incorporate the whole chain of development and production: subsea, offshore, pipeline and onshore.
Gas and condensate from the Ichthys Field is exported to onshore facilities for processing near Darwin via an 890-kilometre pipeline. Most condensate is directly shipped to global markets from a floating production, storage and offloading facility permanently moored near the Ichthys Field in the Browse Basin.
Location
Located about 220 kilometres offshore Western Australia and 820 kilometres southwest of Darwin, the Ichthys Field covers an area of around 800 square kilometres in water averaging depths of around 250 metres. The Ichthys Field is estimated to contain more than 12 trillion cubic feet of gas and 500 million barrels of condensate.
Here for the long haul - delivering benefits to Australia for the next 40 years
Key statistics
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85-metre
FPSO turret
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890-kilometre
subsea pipeline
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9.3 million
tonnes of LNG
