INPEX sees minimal cost overruns on Ichthys project
Published by David Rowlands,
Editor
LNG Industry,
Masahiro Murayama, INPEX’s Senior Managing Executive Officer, reportedly told Reuters that the cost overrun could possible be up to a few percent (if any), and that there would not be any material impact to the Australian project.
Recently, the INPEX announced that the project start-up would be delayed by up to six months. Its original target was to start-up in 3Q17. Reuters reports that delays in the installation of offshore production facilities are the cause of the overall delay.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/12052017/inpex-sees-minimal-cost-overruns-on-ichthys-project/
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