Inpex says to restart second Ichthys LNG train in October

Inpex

“Ichthys LNG’s Train 2 is scheduled to be restarted in October 2024,” the spokesman said.

Inpex said on August 22 that the second train was “temporarily halted” on the evening of August 20. Prior to this, Inpex shut down the train in July.

The two-train plant currently produces LNG at the first train.

“Train 2 has been temporarily halted for inspection and repair after an issue was discovered through operational monitoring activities,” the spokesman said on Tuesday.

“The issue is similar to the one that occurred in another part of the same train and temporarily halted the train last month,” he said.

The spokesman added that the “impact on output is expected to be several cargoes at most.”

He previously said that Inpex expects Ichthys LNG to ship about 10 LNG cargoes per month for the second half of this year.

This means that Inpex aims to ship about 126 cargoes this year, three less compared to 2023.

Last year, the LNG plant sent record 129 LNG cargoes, 17 cargoes more compared to 2022, as part of the company’s plans to boost production to about 9.3 mtpa due to debottlenecking.

The plant shipped 11 LNG cargoes in 2018, 104 LNG cargoes in 2019, 122 LNG cargoes in 2020, 117 LNG cargoes in 2021, and 112 LNG cargoes in 2022.

Inpex shipped 66 LNG cargoes from its Ichthys export plant during the first half of this year, one cargo more compared to the same period last year.

Besides the 66 LNG cargoes, the Ichthys project also sent 12 plant condensate cargoes, 16 offshore condensate cargoes, and 17 LPG cargoes during the first half of this year.

This compares to 65 LNG cargoes, 11 plant condensate cargoes, 15 offshore condensate cargoes, and 17 LPG cargoes during the first half of 2023.

Inpex also provided shipment data for July, and the Ichthys project sent 10 LNG cargoes, 2 plant condensate cargoes, 2 offshore condensate cargoes, and 3 LPG cargoes during the last month.

Ichthys LNG is a joint venture between operator Inpex and major partner TotalEnergies.

Earlier this year, Inpex also purchased a small stake in Ichthys LNG from compatriot Tokyo Gas to boost its stake from 66.245 percent to 67.82 percent.

Besides TotalEnergies, other partners in the Ichthys project include Australian units of CPC, Osaka Gas, Kansai Electric Power, Jera, and Toho Gas.

Natural gas arrives to the LNG plant at Bladin Point, near Darwin from the giant Ichthys field offshore Western Australia via an 890 kilometers long export pipeline.

Inpex sent last year the 500th cargo of LNG from its Ichthys terminal since the start of operations in 2018.

Source: Lngprime.com

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About Stu Turley 4813 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.