INPEX Busin ness Strategy and d Two LNG Project T LNG P j ts t Ichthys and Abadi I hth d Ab di INPEX COR RPORATION July 3, 2009 Ageenda Midtolong Term B Business Strategies Gas Market Ichthys LNG Projec…
Awareness of The Bu Awareness of The Bu usiness Environment usiness Environment Recent international financial crisis an nd a decrease in energy demand gy Risks of rapidly and drastically fluctuuating oil and gas prices…
Strong Reserve//Resource Base Strong Reserve//Resource Base 3,348 Reserve Life** RP Ratio 5,000 4,774 4,500 Possible Reserves Gas + 4,000 1,823 Contingent Resources 3,500 44% 3,176 3,176 3,000 MMBOE 2,500 32.3…
Net Production* V Net Production V Volume Volume Projection Projection Frade Oil Field Long term production target +4 Thousand BOED (Started in Jun. 2009) Tangguh LNG h G (8001 000 thousand BOED) (8001,000 thousand BOED) 1000…
World Natural Gas Demand Projection World Natural Gas Demand Projection TCF Projection 180 World Naturral Gas Demand Growth CAGR20062030: 1.59% 160 Asia/Oceaniia Natural Gas Demand CAGR20062030: 3.17% 140 120 100 80 60 40…
Asia Pacific New & Expa Asia Pacific New & Expa anded LNG Projects anded LNG Projects Startup from mid-2010s onward Area Project Capacity (mtpa) ( ) < Australia Australia-Pacific LNG 7.0 Gorgon 15.0 GLNG 3.5 Gladstone LNG…
LNG Supply & Demand in Japan LNG Supply & D Demand D in Japan mtpa 90 Supply & Demand Gap 80 (approxx. 25mtpa in 2020) 70 60 50 40 30 20 10 Contracted Supply (assumption) LNG Demand 0 2007 2008 2009 2010…
Gas Ma Gas Ma arketing Japanese Electric and City Ga El d C G s Companies are favorable C f bl buyers because of their longsttanding track records as LNG users and stable financial statu d t bl fi i l t tus. In addition,…
Ichthys Projeect Location Ichthys Proje ect Location Abadi WA285P Ichthys Field WA 285 P Ichthys Field WA285P Ichthys Field and Adjacent Area 18 Extent of Icchthys Field Extent of Ic chthys Field Long side:…
Brief Summa Brief Summa ary of Permit ary of Permit Permit Holders: Permit Holders: INPEX Brow INPEX Browwse Ltd wse, Ltd. (76%) TOTAL E&P Australia (24%) Term: 6 years + 5 years y y ((Currently in y n 1st Extension Sep.6,…
Outline for Devellopment Concept Outline for Devel lopment Concept LNG Production: approx. 8.4 millio on ton per year Condensate Production: approx. 1000,000 barrel per day LPG Production: approx. 1.6 million n ton per year Subsea…
Offshore Faccility Layout Offshore Faccility Layout CPF OFFTAKE TANKER FPSO SUBSEA CONDENS SUBSEA CONDENSSATE TRANSFER LIN NE Image 24 Subsea Well and Infield Flowline Subsea Well and Infield Flowline CPF…
CPF/F FPSO Flare Stack Flexible Riser 100m x 1 100m x 100m. One of the biggest size in the world (similar size 100m 1 One of the biggest size in the world (similar size to GOM Thunder Horse) Image Living Q Quarter (150…
LNG Plant Siite Location I LNG Plant Si ite Location I Decided Onshore LNG Plant Site at D Darwin Announcement was issued at Darwin dat Announcement te of 26th Sep. 2008 was issued at Darwin datte of 26 Sep 2008 Messrs. Martin…
LNG Plan LNG Plan nt Layout nt Layout Image 30 Module Offloading Facility Module Offloading Facility Image 31
GHG (Greenhouse Gas) Management I GHG (Greenhouse G Gas) G Management I Situation Situation in Australia in Australia Carbon Capture and Storage (CC CS) Law (Offshore Petroleum Amendment (Greenhouse Gas Storage)) became…
Contribution to Local Community Contribution to L Local L Community Freds Pass Rural Show (May 2009) y Djarindjin Signing Ceremony (April 2009) 34 Developmen nt Schedule nt Schedule Submission of FID First…
Project Organ Project Organ nization Chart nization Chart 24% 76% TOTAL E&P Australia TOTAL E&P Australia WA285P INPEX Brow wse, Ltd. Joint Venture (Operato or) Tokyo Head Office Ichthys Project Committee Managing Director…
Masela PSC Block Masela P PSC P Block Kai Banda Banda Sea Seaa Islands Aru 0 200km Islands Tanimbar Islands Saumlaki Indonesia Masela Is Dili Massela PSC Block East Timor Abadi Timor Sunrise Evaans Shoal Barossa…
Abadi Gaas Field I Abadi Gaas Field I Abadi Gas/Condensate Field d North - Water Depth: Water Depth: 400 400 800m m 4 5 West - Reservoir Depth: 3,700 3,900m 6 2 7 SW - Areal closure: more than Areal closure: more thann 1…
Production Sha Production Sha aring Contract aring Contract Contractor: INPEX Masella, Ltd. (100%) Effective Date: Nov. 16, 19988 Contract Period: 30 years Exploration Period: oceed to Development and Production 10 years (pro…
Floatin ng LNG ng LNG Development Facilities p Development Scheme : Subsea Production System + Floating LNG y g Development Well : 18 production wellls (Directional Wells from 5 Drilling Center) Floating LNG : Loading LNG Plan nt,…
Developmen nt Schedule nt Schedule Final Investment Decisio onFID First LNG Public Announcement Local hearing Government Go ernment Environmental & Environmental & Environmental Environmental Social Impact Permit…
Appe endix i Cost Calculattion Accuracy Cost Calculat tion Accuracy From FEED Phase to Development Phase Phase/Class and Cost Calculation Accuracy Estimate Accuracy vs Phase/Class Final Investment Final Investment 90/10…
Price Trends of Mateerials & Machineries Price Trends of Mateerials & Machineries Monitoring price trends of materials d f ls, machineries, labor wages and h l b d various services based on the analyssis of various cost data.…
Markett Trend t Trend M a r k e t Tr rend ( 2 0 0 6 / 3 Q - 2 0 09 0 /1Q) 140 3Q = 100) 135 130 125 dex (2006/3 120 Engineering 115 Materials & 110 Machineries Bulk Materials Price Ind 105 100 Logistics…
LPG Ma LPG Ma arketing Market U.S. is the largest LPG consumer in U S i the la e t LPG o u e in the world, while in AsiaPacific, China, the o ld hile i A ia Pa ifi Chi a Japan and India are the main consu umers in the order of…
Current Status of otheer Companies Current Status of othe er Companies FLNG FLEX LNG: LNG Producer (LNG EX G G d ( GP) G ) (1.7 (1 1 1.95 MTPA) A) Awarded Samsung a contract to build 4 Hulls Complete FEED of Generic Design…