Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN25 April 2012Ichthys Deal With CDU Opens Door to Territory’s Future

The INPEX-led Ichthys LNG Project has signed a $3 million agreement that will underpinCharles Darwin University’s (CDU) North Australian Centre for Oil and Gas during a signingceremony in Tokyo yesterday.
The $6 million Centre to be located at CDU’s Casuarina Campus in Darwin will be at theforefront of oil and gas training and education, offering school leavers, tradespeople andapprentices pathways into the growing energy sector.
Speaking on behalf of Ichthys joint venture participants INPEX and Total, INPEX Australia
President Director Australia Seiya Ito said the funding is a demonstrable commitment by theIchthys LNG Project to growing a sustainable workforce in Northern Australia.
“Ichthys is a world class LNG project and we want to ensure it contributes lasting benefits to theTerritory,” Mr Ito said.
“The Ichthys joint venture is proud to invest in the Centre which will be pivotal in up-skilling andgrowing the local workforce – it’s about sustainability.”
As operator of the Ichthys LNG Project, INPEX recognises the Australian Government’s desirethat resource projects become more closely involved with educational institutions.
“While CDU is a relatively young institution, we are impressed that it has taken this visionary
step towards helping to develop a sustainable workforce for the resources sector in Northern
Australia.
“This is the second centre of its kind in the nation and with Australia on its way to achieving its
goal of becoming the largest exporter of LNG by 2020, there is no question that the Territory iswell positioned as a burgeoning player in securing the energy future of Asia and the rest of theworld” he said.
CDU Vice Chancellor Barney Glover acknowledged the substantial contribution from the Ichthys
LNG Project and said the university was focused on establishing itself as a specialised provider
for high quality training in the oil and gas industry.
“This is all part of a long-term plan in enabling Territorians to develop their skills and give them
the advantage in securing future workforce opportunities in the resource industry,” Professor
Glover said.
“The Centre will also progress world class research into new areas of process engineering andprocess operations, and maintenance and asset management.”Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPANConstruction of the North Australian Centre for Oil and Gas is currently underway with the mainbuilding expected to be complete by late September and operational by the end of the 2012.

INPEX Chairman Naoki Kuroda making
a speech at the ceremony(right) The Hon. Paul Henderson, the Chief Minister of The NorthernTerritory(second from right) INPEX Australia, President Director Australia, Seiya Ito(second from left) Professor Bevil Milton (Barney) Glover, Vice-Chancellor,Charles Darwin University, Northern Territory, Australia

About INPEX
INPEX CORPORATION is a worldwide oil and gas exploration and production company
currently involved in more than 70 projects across 26 countries. INPEX is ranked in the top 100
global energy companies and is listed on the Tokyo Stock Exchange. Part of the Australianbusiness community since 1986, we are active in a number of projects in Australia and theTimor Sea, including the large-scale Ichthys LNG Project, Van Gogh, Ravensworth and Kitan oil
projects, as well as the Bayu-Undan condensate development and associated Darwin LNG.
About the Ichthys LNG ProjectThe Ichthys LNG Project is a joint venture between INPEX group of companies (the Operator)
and Total group of companies. Gas from the Ichthys Field, in the Browse Basin offshore
Western Australia, will undergo preliminary processing offshore to remove water and raw liquids,including condensate. The gas will then be exported to the onshore processing facilities inDarwin via an 889km pipeline. The Ichthys LNG Project is expected to produce 8.4 million
tonnes of LNG and 1.6 million tonnes of LPG per annum, along with approximately 100,000
barrels of condensate per day at peak.
Media Contact: INPEX Tokyo Office, Public Relations Group, Tel) +81-3-5572-0233