Japanese energy developer Inpex signs clean LNG agreement with gas utility in historic city north of Tokyo
Inpex Corp., the Japanese operator of the Ichthys LNG plant in Australia and developer of the Abadi LNG project in Indonesia, has signed a natural gas and decarbonisation deal with Ashikaga City north of Tokyo known for its historic trees, flower beds and pristine water to supply gas from the next phase of cleaner LNG projects.
Japanese LNG producer and importer raises industry profile in Japan with tours of Naoetsu terminal
Inpex Corp., the leading Japanese liquefied natural gas developer and operator in the Asia-Pacific region, is focusing on re-assuring shareholders and the public in Japan on the company’s safety and security by organising facility tours of the Naoetsu LNG Terminal in Joetsu City in Niigata Prefecture.
Japanese LNG developer Inpex gets drilling equipment out again for exploration on Japan’s onshore territory
Inpex Corp., the Japanese developer of the Ichthys LNG export project in Australia, has turned its mind again to finding natural gas resources onshore Japan by starting exploratory drilling operations at the Minami-Nagaoka Gas Field in Niigata Prefecture.
Japanese LNG producer Inpex reports doubling of earnings on higher oil and gas prices as projects advance
Inpex Corp., Japan’s largest oil and natural gas exploration and production company and an LNG plant operator and developer, reported a doubling of earnings because of higher prices as projects advanced, including an LNG project in Indonesia.
Inpex reports loss
Nov 6 (LNGJ) - Inpex Corp., the largest Japanese exploration and production company and an Australian LNG plant operator, reported an almost 30 percent fall in nine-month sales to 592.79 billion yen ($5.72Bln) and reported a net loss of 125.42Bln yen ($1.21Bln) during the period compared with a profit last year of 121.66Bln yen ($1.17Bln). Inpex, which is operator of the Ichthys plant at Bladin Point near Darwin and is also a shareholder in Prelude FLNG, as well as being a partner Royal Dutch Shell in an onshore project for Indonesia, said the earnings drop was due to weak energy prices, leading it to write-down some assets values.
“The average sales price of overseas crude oil decreased by US$25.83, or 39.7 percent, to US$39.30 per barrel. In addition, the average sales price of overseas natural gas decreased by US$0.48, or 11.5 percent, to US$3.70 per thousand cubic feet. Meanwhile, the average sales price of domestic natural gas decreased by 6.19 yen, or 11.1 percent, to 49.71 yen per cubic metre,” Inpex explained.
Inpex of Japan and Shell receive Indonesian approval of new plan for onshore Abadi LNG
Inpex Corp. of Japan and Royal Dutch Shell have received Indonesian approval for their new Plan of Development for the onshore liquefied natural gas project using feed-gas from the Abadi gas field in the Masela Block in the Arafura Sea of Indonesia.
