News Post
Japan's Inpex sticks to Australia Ichthys LNG output target
(Reuters) -- Japan's biggest oil and gas explorer Inpex Corp is sticking to its plans to start up its huge Australian Ichthys LNG export plant in July-September this year, despite trouble over the completion of a power station.
The Ichthys project was dealt a blow last month as engineering firm CIMIC - involved in building the facility's power station -- announced it was pulling the plug. That led to many to expect production delays.
"The contractor is saying the construction will be finished as scheduled," Masahiro Murayama, Inpex senior managing executive officer, told reporters on Friday during a briefing on third-quarter earnings results.
"I'm not worried that this would cause a big change on the overall schedule," he said.
Reporting by Osamu Tsukimori; Editing by Tom Hogue
For subscriptions or a demo:
Sam Hassaniyeh
Subscription Executive
Phone: +44 203 4092242
For questions or to give feedback:
Thad Pittman
Senior Researcher
Phone: +1 (713) 525-4605
Download our brochure today!
Project News