Ichthys Venturer, the INPEX-operated Ichthys LNG Project’s floating production, storage and offloading facility (FPSO) moored on the Ichthys field, 200 km off the north-western Australian coast. The Ichthys Venturer FPSO has a storage capacity of 1.12 mbl of condensate and is expected to operate over 40 years. It will process and store most of the condensate delivered from the project’s central processing facility before periodically offloading it to carriers for export to market.
Most of the condensate will be transferred to the FPSO for offshore processing, with the remainder sent to the onshore central processing facilities (CPF) in Darwin (Australia) along with the natural gas production via a 890-km long gas export pipeline (GEP). The CPF at Bladin Point near Darwin will cool gas from the Ichthys Field and transform it into liquid for transport. They are scheduled to produce 8.9 Mt/y of LNG and will include two LNG processing trains and a 500 MW gas-fired CCGT power plant constructed by the engineering company CIMIC.
The Ichthys LNG liquefaction project is owned by the Japanese oil and gas company Inpex (62.24%), Total (30%), Tokyo Gas (1.57%), Osaka Gas (1.2%), Kansai Electric (1.2%), JERA (0.735%), Toho Gas (0.42%) and CPC Corporation Taiwan (2.62%). The project cost is estimated by INPEX at US$34bn.