Country Australia Discovery 2000 Operator Inpex | Offshore/onshore offshore Region Timor Sea Start of production 2017 | |
Current production of gas 10×10^ m/d
350×10^ cu ft/d 3.65×10^ m/a (129×10^ cu ft/a) Estimated oil in place 70.7 million tonnes
(~ 83.8×10^ m or 527 MMbbl) Estimated gas in place 366×10^ m
12.8×10^ cu ft | ||
The Ichthys gas field is a natural gas field located in the Timor Sea, off the northwestern coast of Australia. It was discovered in 2000 and developed by Inpex in partnership with Total, Tokyo Gas, Osaka Gas, Chubu Electric Power, Toho Gas, Kansai Electric Power and CPC. Production is expected to start in September 2017, utilizing an onshore liquefaction plant near Darwin connected to the offshore field by a 889 km undersea pipeline.
It is one of the largest LNG projects in the world, with a total project cost of US$34 billion. While the total cost of the Chevron-sponsored Gorgon project is higher, the Ichthys project is more expensive per tonne of production due to the great distance between the offshore field and the onshore terminal. The infrastructure is being constructed by a joint venture between JGC Corporation, KBR and Chiyoda Corporation, with technical contributions by Samsung Heavy Industries, General Electric, McDermott and other contractors.
The total proven reserves of the Ichthys gas field are around 12.8 trillion cubic feet (366 billion cubic meters), and production is slated to be around 350 million cubic feet/day (10 million cubic meters/day).