In addition to working alongside its project partners as operator of Ichthys
LNG, INPEX is currently engaged in various oil and natural gas developments in Australia.
Reportedly, McDermott's Australia has also awarded two AHTS vessels contracts to assist with the mooring operations of the INPEX-led Ichthys
LNG Project's Central Processing Facility and FPSO.
The negative outlook reflects the current difficult operating environment for the company and execution risk still remaining on the Ichthys
Noting that the operation was completed in just two days, Managing Director of Ichthys
LNG project Louis Bon said, "The CPF is now berthed quayside at the shipyard where work is continuing to lift and install the living quarters and integrate and commission all equipment in preparation for the CPF's sail away."
was 74 per cent complete as of June, four or five percentage points behind target, Inpex said last month.
The connectors made by Francis Brown for the Ichthys
project in Australia's Northern Territory
The ceremony was attended by INPEX president Director Australia Seiya Ito and Ichthys
Project Managing Director Louis Bon.
Kansai Electric has a 20-year supply agreement to import 1 million mt/year of coalbed methane-based LNG from the APLNG project from 2016, and it has a 15-year contract to buy 800,000 mt/year of LNG from 2017 from the Ichthys
project, both on a FOB basis.
* The Ichthys
LNG Project is a joint venture between INPEX CORPORATION of Japan (operator of the project) and Total S.A.
Moody's considers the Ichthys
and Abadi LNG projects as particular points
The two Australian companies are Ichthys
LNG Pty Ltd.