Ichthys LNG

Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.

Australia’s H2Perth blue and green hybrid hydrogen project is expected to benefit from carbon credits from the offshore Bonaparte carbon storage facility where Inpex and TotalEnergies are drilling appraisal wells together with Woodside.

Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.

Inpex’s investments in wind, solar, and battery storage through 2030 will also support decarbonization at the Ichthys natural gas and LNG project in northern Australia.

Duo jointly purchases a pair of undeveloped gas condensate fields off Western Australia from PTTEP.

The long-awaited Ichthys LNG Project off Western Australia has finally started gas production. LNG liquefaction is expected in a few weeks.