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INPEX President Director Australia Seiya Ito (left) signs the gas sales agreement with representatives from the Japanese utility companies.

Inpex confirms Ichthys gas sold out

Japanese energy major Inpex has signed an agreement with five major Japanese companies guaranteeing sales of 4 million tonnes per annum of LNG from its Ichthys project off the Western Australian coast for 15 years.

Following prevous announcements of sales to Japanese companies, all 8.4 million tonnes per annum of LNG from the Ichthys project off WA’s coast will be now be sold, with around 70 per cent going to Japan.

The Japanese utility companies include the Tokyo Electric Power Company, Tokyo Gas Co., The Kansai Electric Power Co., Osaka Gas Co., and the Kyushu Electric Power Company.

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