Article: Australia: Inpex to Delay Decision on Ichthys LNG to Late 2010.

Byline: prashant03

Inpex Corp., Japan s biggest energy explorer, will delay its investment decision on the $20 billion Ichthys liquefied natural gas project in northern Australia from the first half of 2010 until late in the year.

Pre-engineering and design work for offshore facilities including pipelines and floating production and storage tanks, started in April and will take 18 months, six months longer than expected, Kazuya Honda, a spokesman, said today by phone from Tokyo. Design work for onshore facilities started in January will take 14 months, Honda said.

Inpex and its partner Total SA plan to start commercial operation in 2015 to ...

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