The US$34bn Ichthys LNG project located in Darwin (Northern Territory, Australia), has started to export liquefied natural gas (LNG). The first cargo has left Darwin following the production start-up at the end of July 2018.
Ichthys LNG will market reserves of more than 3 Gboe located offshore Australia, including 500 mbl of condensate. The LNG export facility includes two trains with a total capacity of 8.9 Mt/y of LNG along with 100,000 bbl/d of condensate. LNG is currently being produced from the first 4.45 Mt/year liquefaction train, with the second 4.45 Mt/year train expected to start up later in 2018.
Ichthys LNG is led by Inpex (62.245%) and Total (30%), while the remaining stakes are spread between the Australian subsidiaries of CPC Corporation (2.625%), Tokyo Gas (1.575%), Osaka Gas (1.2%), Kansai Electric Power (1.2%), JERA (0.735%) and Toho Gas (0.42%).
Interested in LNG Databases?
World LNG Database offers a complete set of data on LNG markets. The service provides detailed information on existing and planned liquefaction and regasification plants. It also includes LNG shipping around the world, LNG contracts, time series on regasification and liquefaction capacities, LNG flows and LNG prices for all players in the market.