Gulf Oil and Gas accountACCOUNT

INPEX-Operated Ichthys LNG Project Commences Condensate Shipment

Source: www.gulfoilandgas.com 10/1/2018, Location: Not categorized

INPEX CORPORATION (INPEX) announced that the INPEX-operated Ichthys LNG Project (the Project) recently commenced shipment of condensate (ultra-light crude oil) from the Floating Production, Storage and Offloading (FPSO) facility “Ichthys Venturer.”

The first shipment of condensate is destined for the Asian market. INPEX is poised to continue responding to the energy demand in Japan, Asia and the rest of the world. Going forward, the Project will proceed with the production of liquefied natural gas (LNG), etc. at the onshore gas liquefaction plant in Darwin in the Northern Territory of Australia, and is scheduled to commence the shipment of LNG and liquefied petroleum gas (LPG) in sequence within the third quarter (October-December 2018) of the current fiscal year.

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 partners, the local communities, the Australian federal government and the governments of Western Australia and the Northern Territory.

Shipping of condensate from the Floating Production, Storage and Offloading (FPSO) facility “Ichthys Venturer” and the Central Processing Facility “Ichthys Explorer” in the background (far right) The Project’s expected revenue contribution remains unchanged from the outlook announced in the company’s forecasted consolidated financial results for the year ending March 2019 announced on August 9, 2018.

In terms of dividend forecasts, as announced at the beginning of the current fiscal year, INPEX plans to issue a commemorative dividend of ¥6 per share following the Ichthys LNG Project’s start-up and shipment of cargo.

Production News in Australia >>

Mexico >>  5/17/2019 - ExxonMobil said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in ne...
Morocco >>  5/17/2019 - SDX Energy, the North Africa-focused oil and gas company, has announced its financial and operating results for the three months ended March 31, 2019 ...

Iraq >>  5/16/2019 - Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its two-millionth tonne of oil since starting commercial production at its Sarqala ...
Norway >>  5/15/2019 - In connection with loading oil from buoy to shuttle tanker on the North Sea Statfjord field, oil was observed on the sea surface early this morning, 1...

United States >>  5/14/2019 - McDermott International, Inc. (MDR) announced that Train 1 of the Cameron LNG project in Hackberry, La., has begun producing liquefied natural gas (LN...
Russia >>  5/9/2019 - Exillon Energy plc (Exillon Energy), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Australia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 |

Oil & Gas Projects in Australia >>

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.