Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN30 June 2014Ichthys LNG Project Starts 889 Kilometre Pipelay

Tokyo, Japan - INPEX CORPORATION (INPEX) announced today that theINPEX-operated Ichthys LNG Project commenced gas export pipeline (GEP)
installation works on June 28, following the earlier arrival of the Saipem-operated,semi-submersible pipelay barge SEMAC-1 in the Northern Territory.

Pipelay barge SEMAC - 1

Pipelay map

The Project’s 889 kilometre GEP will connect the onshore processing facilities near Darwin
to the Ichthys gas-condensate field in the Browse Basin, offshore Western Australia.
Managing Director Ichthys LNG Project Louis Bon said that the SEMAC-1 had officiallystarted the 164 kilometre shallow water pipelay component of the GEP installation, which
includes laying the first 18 kilometre section of 42-inch diameter pipe through Darwin
Harbour.
“The gas export pipeline will deliver gas and some condensate from our offshore central
processing facility to the Ichthys LNG Project onshore facilities at Bladin Point near Darwin
so that it can be processed for export,” Mr Bon said.
“The commencement of the pipelay work means we are starting to physically connect ourhome base in Darwin to the Ichthys gas-condensate field where our semi-submersible
offshore facilities will be permanently moored for the life of the Project.”
Working from east to west in Darwin Harbour, the SEMAC-1 will first feed pipe to theProject’s landfall site for a three kilometre shore-pull. This work supports the onshore
component of the GEP, which will stretch about seven kilometres from the beach valve atMiddle Arm to the Bladin Point onshore processing facilities.
The SEMAC-1 is scheduled to be in Darwin Harbour for about four weeks. In total, the 164
kilometre shallow water pipelay installation is scheduled to take about 80 days. Oncecompleted, the SEMAC-1 will transfer work to Saipem’s deep water installation vessel,
Castorone, which will lay the remaining 718 kilometres of pipe to the Ichthys
gas-condensate field.

Deep water installation vessel Castorone

International oil and gas contracting service provider Saipem is the engineering,procurement, construction and installation (EPCI) contractor for the Ichthys LNG Project’sGEP and has extensive experience on similar large diameter pipeline projects around theworld.

About INPEX
INPEX CORPORATION is a worldwide oil and gas exploration and production company
based in Tokyo, Japan, with more than 70 active projects across 27 countries. Since 1966,
INPEX has been growing steadily, from its core business areas in Australia and Indonesia
to the Middle East, the Caspian Sea region, the Gulf of Mexico and North and SouthAmerica. For more information, visit www.inpex.co.jp/english/index.html.
About the Ichthys LNG Project
The Ichthys LNG Project is a Joint Venture between INPEX group companies (theOperator), major partner TOTAL and the Australian subsidiaries of Tokyo Gas, Osaka Gas,

Chubu Electric Power and Toho Gas. Gas from the Ichthys Field, in the Browse Basin
offshore Western Australia, will undergo preliminary processing offshore to remove waterand raw liquids, including condensate. The gas will then be exported to the onshore
processing facilities in Darwin via an 889km pipeline. The Ichthys LNG Project is expectedto produce 8.4 million tonnes of LNG and 1.6 million tonnes of LPG per annum, along withapproximately 100,000 barrels of condensate per day at peak.

Detailed Engineering,

Procurement and Construction (EPC) of the Ichthys LNG Project is ongoing and productionis scheduled to commence by the end of 2016. With an expected operational life of at least
40 years, the Ichthys LNG Project offers rare multi-generational opportunities tocommunities, economies, businesses, energy markets and its workforce.

For more information, visit the Ichthys LNG Project Special Website:
http://www.inpex.co.jp/english/ichthys/index.html

Media Contact: INPEX Tokyo Office, Public Relations Group, Tel) +81-3-5572-0233