Japan’s Inpex to work on slashing Ichthys LNG emissions

Japan’s Inpex, the operator of the Ichthys LNG export project in Australia, has joined forces with an industry partner to work on slashing production costs and carbon emissions.

Inpex said in a statement on Monday it signed an agreement with the Future Energy Exports Cooperative Research Centre (FEnEx CRC).

Headquartered in Western Australia, FEnEx CRC is a collaboration between industry, government and research institutions, but also a project initiative facilitated by the Western Australian Government’s LNG Jobs Taskforce.

Inpex said the partnership with FEnEx CRC involves research funding of A$1.5 million ($1.16 million), supporting studies on efficiency of LNG production value chains, digital technologies, and new hydrogen energy and export to market.

Hitoshi Okawa, head of Inpex Australia, said the firm welcomes the partnership with FEnEx CRC to undertake studies to “research and develop solutions for producing clean and sustainable energy in Australia with important benefits for energy importers, including Japan.”

As a member of the Australian business community for more than 30 years and the operator of Ichthys LNG, Inpex supports “high-value research and development to lower our carbon footprint, consistent with the Paris Agreement,” Okawa said.

In addition, the Japanese firm recently announced a new business development strategy which includes a commitment to net zero carbon emissions by 2050.

“We look forward to working with FEnEx CRC to undertake studies to support the expansion of our energy business including our strategy for future production and supply of hydrogen,” Okawa said.

- Advertisements -

Most Popular

QatarEnergy, ExxonMobil update on Golden Pass LNG work

Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the...

LNG freight rates, European prices climb

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet and European prices increased this week compared...

Samsung Heavy to sue Russia’s Zvezda over LNG carrier contract termination

South Korean shipbuilding giant Samsung Heavy Industries said it will sue Russian shipbuilder Zvezda after the latter decided to...

More News Like This

Inpex: Ichthys terminal sent 34 LNG cargoes in Q1

Japan’s Inpex has shipped 34 LNG cargoes from its Ichthys export plant in Australia during the January-March period of...

Fugro bags Abadi LNG gig from Inpex

Dutch firm Fugro said it had secured a "significant" marine survey contract from a unit of Japan's Inpex for...

Inpex: Ichthys LNG plant hits record in 2023

Japan’s Inpex has shipped record 129 LNG cargoes from its Ichthys export plant in Australia during the last year,...

Four firms to work on e-methane supply chain from UAE to Japan

Japan's city gas suppliers and LNG importers Tokyo Gas and Osaka Gas have joined forces with compatriot Inpex and...