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|Contract area(block)||Project status||Venture company(established||Interest owned(*Operator)|
|(As of August 31, 2014)|
|WA-50-L||Under development||INPEX Ichthys Pty Ltd
(Est. April 5, 2011)
Tokyo Gas 1.575%
Osaka Gas 1.200%
Kansai Electric Power 1.200%
Chubu Electric Power 0.735%
Toho Gas 0.420%
|WA-51-L||INPEX Browse, Ltd.
(Est. September 1, 1998)
• INPEX Australia Website
|WA-274-P||INPEX Browse E&P Pty Ltd.
(Est. October 21, 2013)
In 1998, INPEX acquired the petroleum exploration permit WA-285-P in the Browse Basin offshore Western Australia. Exploration activities during 2000 resulted in the discovery of the promising gas and condensate field, now known as the Ichthys gas-condensate field. Having made the final investment decision (FID) on the Ichthys LNG Project in January 2012, detailed Engineering, Procurement and Construction (EPC) is ongoing and production is scheduled to commence by the end of 2016.
Gas from the Ichthys gas condensate field will be transported, after extraction of condensate at a Central Processing Facility, through a subsea pipeline to the onshore liquefied natural gas (LNG) plant to be built in Darwin, Northern Territory. The Ichthys LNG Project will be a world class LNG project with 8.4 million tonnes of LNG per annum together with LPG (1.6 million tonnes per annum) and condensate (approximately 100,000 barrels of condensate per day at peak).