LNG

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.

Oct 28 (LNG) - Japanese energy company Inpex Corp., a stakeholder in various LNG export projects such as the Ichthys venture at Bladin Point near Darwin and Prelude FLNG offshore northwest Australia, said it was introducing a shareholder benefit programme and would also be starting facility tours for shareholders, the first one being to an LNG import terminal in Japan.

   Owners of 400 shares to 800 shares would be eligible for up to 3,000 yen ($27.50) put on a pre-paid Japanese Quo card that can be used at restaurants, convenience stores, gas stations, book stores and hotels. Owners of 800 shares or more would be eligible for up to 5,000 yen on the Quo card.

   As regards the first facility tour, Inpex said this would be to the Naoetsu LNG Terminal in the city of Joetsu in Nigata Prefecture, as well as other sites in May 2020. “Shareholders will be selected by lot from among those holding at least 100 shares in Inpex as of December 31 each year and who apply to attend the tours,” said the company.

Nov 7 (LNGJ) - Inpex Corp, the Japanese oil and gas company and developer of the Ichthys LNG plant in Australia that delivered its first cargo in October to its own Naoetsu import terminal in Japan, said net energy sales decreased by 2.2 percent to 438.2 billion yen ($3.87Bln) in its fiscal first-half to the end of September. “Net sales of crude oil increased by 42.0Bln yen, or 12.7 percent, to 372.9Bln yen, and net sales of natural gas decreased by 52.8Bln yen, or 47.7 percent, to 57.9Bln yen,” said Inpex. Net income for the six months increased by 12.9 percent compared with the previous year to 34.0Bln yen ($300.7M) versus 30.15Bln yen in 2017. Inpex said it would expect to boost income in the second half with revenue generated from Ichthys LNG through March 2019.

The Australian Ichthys LNG export plant, the joint venture involving Inpex Corp. of Japan and French major total, has finally begun full commercial operations by shipping its first LNG cargo from the liquefaction and export plant at Bladin Point, near Darwin.

Inpex Corp., the Japanese liquefied natural gas developer and terminal owner, is boosting its domestic natural gas portfolio amid deregulation of the utility industries in Japan, ending the monopolies of city-gas and power companies.