INPEX has been awarded an exploration permit over AC/P71 Block off the northern coast of Western Australia as it will be operator and hold 100% working interest in the Block.
INPEX has been awarded an exploration permit over AC/P71 Block off the northern coast of Western Australia as it will be operator and hold 100% working interest in the Block.
The block “covers a surface area of approximately 920 square kilometers, in water depths ranging between approximately 100 and 300 meters.”
The Japanese operator has remarked that the Block is located to the north of and in the general vicinity of the Ichthys gas and condensate field, which supplies natural gas to its Ichthys LNG project. “Therefore, success in this exploration permit will contribute to enhancing the project’s resilience.”
INPEX has already participated in 16 exploration blocks in the vicinity of the Australia’s Ichthys LNG export project in Darwin and so far “multiple gas reservoirs have been discovered including Crown, Lasseter, Mimia and Burnside.”
Ichthys LNG plant’s partners accelerate participation in exploration of new gas resources in the vicinity of the Ichthys with a view to expand the plant and “ensure a sustained LNG production volume” over the long term.
According to the
Global LNG Database®, Ichthys LNG export project’s partners are INPEX (operator) 66.245%, totalenergies 26%, CPC 2.625%, Tokyo Gas 1.575%, Osaka Gas 1.2%, Kansai Electric 1.2%, JERA 0.735% and Toho Gas 0.42%.
INPEX has also secured extra land for possible additional LNG processing trains in the Ichthys LNG plant. In addition, the facility’s debottlenecking works to increase the facility’s capacity by 4.5% (from 8.9 MMT/Y to 9.3 MMT/Y) are under way.
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