TotalEnergies and Inpex Secure Two Gas Fields off the Coast of Australia
The French and Japanese companies will receive 26% and 74% of the assets of the Ichthys LNG project off the west coast of Australia.
It is believed that the involvement of large companies will ensure the sustainability of LNG production in the western part of the country. Permits for the French and Japanese companies also allow them to receive gas from the Cash and Maple fields discovered in 1989 and 2002.
The AC/RL7 block, which will be operated by TotalEnergies and Inpex, is located approximately 250 kilometers northeast of the Ikhtis gas condensate field and covers an area of approximately 418 square meters. km in the Timor Sea. Natural gas and condensate deposits were discovered in this block.
The irony is that for some reason it is more difficult to attract investors for gas production designed for the needs of the Australian domestic market. And to be completely honest, politicians are not so worried about this. And why would, since they themselves are preparing to ban the use of gas boilers by households in some states.