Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN28 June 2011
Australian Government Green Light For Ichthys Project

The Australian Government’s decision to grant environmental approval to the Ichthys Project is awelcome step forward and helps pave the way for a final investment decision in the fourth quarterof 2011.
INPEX President Director Australia Seiya Ito said Federal environmental approval represents asignificant milestone for the project following a rigorous three year assessment process,comprehensive environmental studies and extensive engagement with the community and otherstakeholders.
“We are committed to developing and operating the Ichthys Project in an environmentally andsocially responsible manner and will continue to work closely with the government and community
as we progress the project,” Mr Ito said.
The decision today by the Minister for Sustainability, Environment, Water, Population andCommunities, the Hon. Tony Burke, follows the Northern Territory Government’s announcementin May that the environmental impacts of the planned Ichthys development in Darwin can bemanaged within acceptable limits.
“I would like to acknowledge both the Australian and Northern Territory governments for theirthorough environmental assessment process,” Mr Ito said. “The input we received fromgovernment and the community during the process resulted in improved outcomes for all
stakeholders.”
The proposed Ichthys Project includes a subsea production system, semi-submersible central
processing facility, a floating production, storage and offtake vessel located at the Ichthys Field in
the Browse Basin, approximately 200 kilometres off the northwest coast of Western Australia, andonshore gas processing facilities at Blaydin Point, Darwin, Northern Territory.
gas pipeline will link the offshore and onshore facilities.

An 885km subsea

Public Relations Group, Corporate Communications UnitAkasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPANOn 24 June, INPEX and the Northern Territory Government announced a $91million voluntaryoffsets program including environmental research to protect Territory marine life, savannah fire
management to reduce greenhouse gas emissions and create jobs, and support for theestablishment of the North Australian Hydrocarbon Centre of Excellence at Charles DarwinUniversity.

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 global upstream
companies and is listed on the Tokyo Stock Exchange. INPEX has been a part of the Australianbusiness community since 1986 and is involved in a number of projects in Australia and the Timor
Sea, including the large-scale Ichthys Project, Van Gogh Project, Ravensworth Project, BayuUndan Development and Darwin LNG.

About the Ichthys ProjectThe Ichthys Project is a Joint Venture between INPEX group companies (76%, the Operator) andTotal group companies (24%). Gas from the Ichthys Field, in the Browse Basin offshore WesternAustralia, will undergo preliminary processing offshore to remove water and raw liquids, includingcondensate. The gas will then be exported to the onshore processing facilities in Darwin via an
885km subsea pipeline. The Ichthys Project is expected to produce 8.4 million tonnes of LNG and
1.6 million tonnes of LPG per annum, along with 100,000 barrels of condensate per day at peak.

Public Relations Group, Corporate Communications UnitAkasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN

Abadi

WA‐285‐P
Ichthys Field

WA‐285‐P/WA‐37‐R
Ichthys Field & Adjacent Area

Ichthys LNG Project

LNG Plant Layout

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

Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN