Inpex Delays Ichthys LNG Project Start until 3Q of 2017
TOKYO, Sept 11 (Reuters) - Inpex Corp, Japan's biggest oil and gas developer, said on Friday it would delay the start of production from its Ichthys liquefied natural gas (LNG) project in Australia until July-September 2017, from the end of 2016.
The company also said it would raise the project's LNG production capacity to 8.9 million tonnes per year (tpy) from 8.4 million tpy.
Inpex also said the project's total costs are now likely to rise about 10 percent from its previous estimate of $34 billion.
(Reporting by Osamu Tsukimori; Editing by Chris Gallagher)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 1 Offshore Rigs
- Inpex Halts Construction At Australian LNG Site After Worker Dies (Nov 30)
- Japan's Inpex Says Ichthys LNG Project On Track For March Start (Nov 08)
- Statement: Indonesia To Extend Inpex's Masela LNG Contract By 27 Years (Oct 19)