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Ichthys: Total and Inpex ensuring together a stable LNG supply to Japan

220 kilometers off Australia’s northwest shore, Total is developing a giant gas and condensates field with Inpex, its Japanese operator. Already partners for more than 50 years, the two companies put together their expertise and resources to construct one of the largest oil & gas facilities in the world. The Ichthys LNG project ensures Japan for decades with a stable supply of energy.

Ichthys LNG, a 3-in-1 project

Following Inpex’s discovery of the Ichthys field in 2006, Total has taken a 30% stake in the project. The two partners have immediately started to put in common their engineering skills and marketing abilities to develop a “3-in-1” project:

  • Processing and production facilities offshore, where gas and condensates will be processed on a semi-submersible platform, separating the gas and liquids

  • Natural Gas liquefaction facilities onshore

  • One of the world’s longest subsea pipelines (890 kilometers) to link them.

This ambitious project kicked off with a final investment decision taken in 2012 and completed in 2018. Production will last around 40 years. 

An exemplary partnership in LNG

Total and Inpex work together on this project from extraction, liquefaction and shipping to regasification, marketing and trading. This successful cooperation is the result of a mutual trust built over the years, a powerful alliance in LNG which started in Indonesia in 1967 with the development of the Mahakam Block. Developing Ichthys today enhances Total’s position in LNG production and contributes to our expansion into growing Asian gas markets.

A long-term energy supply commitment to Japan

LNG offers greater supply security for importing nations because it can be shipped by sea. It is also the cleanest fossil fuel and the perfect partner for renewable energies. By delivering the Ichthys project into production, Total and Inpex will be securing vital long-term energy supply to Japan. Of the annual projected production of 8.9 million tons of LNG, 70% will sail directly to Japanese customers under long-term contracts. This represents the equivalent of the annual gas consumption of 18.6 million households*. The Ichthys project will provide Japan with a stable energy supply for decades to come.

Alongside with other minority Japanese partners (Tokyo Gas, Osaka Gas, Kansai Electric, JERA and Toho Gas) and Taiwanese company CPC, Total and Inpex shared experience is definitely paving the way for the ongoing and long-term success of the Ichthys project.

 

Learn more about the Ichthys Project: 

*based on the average consumption of one household in the Kansai region (2015)