16 January 2009Ichthys Project LNG Plant FEEDINPEX CORPORATION, as operator of the Ichthys Project on behalf of joint venture
participants - INPEX (76%) and Total E&P (24%) - has awarded the contract for theFront End Engineering and Design (FEED) of its liquefied natural gas plant at Blaydin
Point in Darwin, Australia.
The successful contractor for the Onshore FEED contract is the JKC Joint Venturecomprising JGC Corporation, KBR and Chiyoda Corporation.
INPEX President Naoki Kuroda said awarding the Onshore FEED contract marked akey milestone in progressing the world-class Ichthys Project.
“INPEX is proud to have selected the JKC Joint Venture to carry out the Onshore FEED
work as the companies collectively comprise some of the most experienced andcapable LNG plant engineering and design firms in the world,” Mr. Kuroda said.
The Onshore FEED services are to be performed by the JKC Joint Venture during 2009.
FEED is the project development phase in which plans for the proposed LNG
processing plant are defined, designed and evaluated in more detail by a contractedengineering company.
Development of the Ichthys Project will require capital expenditure of more than US$20billion and will be a significant contributor to the Australian and regional economies.
The Ichthys Project is expected to initially produce more than 8 million tonnes of LNG
per annum, approximately 1.6 million tonnes of LPG per annum and 100,000 barrels ofcondensate per day.
The Blaydin Point site has the capacity to support two initial LNG trains with anopportunity for additional LNG trains to accommodate future expansion.
shipment of LNG is scheduled to be loaded in late 2014/early 2015.

The firstA peak construction workforce of more than 2000 people will be required in Darwin overfive years.

A full-time workforce of about 300 people will be needed to operate andmaintain the onshore facilities over the 40-year life of the Project.
INPEX is working closely with the Northern Territory Government and Northern Territory
Industry Capability Network (NTICN) to ensure local industry participation in supplying
goods and services.
“Despite the current global financial environment, INPEX remains firmly committed toadvancing the Ichthys Project.

We are grateful for the strong support from government

and the public which the Project has received,” Mr. Kuroda said.
A separate FEED contract for the Ichthys Project’s offshore facilities will be awarded indue course.

About INPEX
INPEX CORPORATION is a worldwide oil and gas exploration and production company
currently involved in 74 projects across 27 countries.

INPEX is ranked in the Top 50

global petroleum companies and is listed on the Tokyo Stock Exchange.

INPEX hasbeen a part of the Australian business community since 1988 and is involved in a
number of projects in Australia and the Timor Sea, including the Ichthys Project, Griffin
Fields Project and Darwin LNG.
About the Ichthys Project
The Ichthys Project is a Joint Venture between INPEX Browse Ltd (76%, the Operator)
and Total E&P Australia (24%).

Gas from the Ichthys Field, in the Browse Basin

offshore of Western Australia, will undergo preliminary processing offshore to remove
water and raw liquids, including condensate.

The gas will then be exported to theonshore processing facilities in Darwin via an 850km subsea pipeline.

The Ichthys

Project is expected to produce more than 8 million tonnes of LNG, approximately 1.6
million tonnes of LPG per annum and 100,000 barrels of condensate per day.

122°E

124°E

126°E

128°E

130°E

INDONESIA
AUSTRALIA
10°Sm aeoleu
Petr ent Artni
Jo elopm
Dev

KUPANG

Territory of Ashmore &Cartier Islands (N.T.)
12°S

km

T.
N. .A.
W

c.a.850DARWIN14°S

NORTHERNTERRITORYICHTHYS
WA-285-P
INPEX 76%
TOTAL 24%16°S

BROOME

ProposedSite

WESTERN
AUSTRALIA

0100
KILOMETERS

200

Location Map - Ichthys Project

Middle Arm
02
KILOMETERS