Ichthys LNG is ranked among the most significant oil and gas projects in the world. The energy development is a joint venture between INPEX group companies (the Operator), major partner Total, and the Australian subsidiaries of CPC Corporation Taiwan, Tokyo Gas, Osaka Gas, Kansai Electric Power, JERA and Toho Gas.
A Final Investment Decision for Ichthys LNG was reached in 2012 and production commenced in July 2018.
Ichthys LNG is expected to produce 8.9 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 will be 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.
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