Taiwan’s CPC Receives First Ichthys LNG
Taiwan’s CPC Corporation November 26 received the first LNG cargo from the recently-commissioned Ichthys LNG project in Australia, it said the same day.
The cargo, loaded November 16, arrived on LNG carrier Pacific Breeze (banner photo courtesy of CPC) at the Yung-An LNG terminal in Kaohsiung. Pacific Breeze, which has a capacity to carry 182,000 m3 of LNG, was built at Kawasaki Heavy Industries’ (KHI) Sakaide Works in Kagawa Prefecture, Japan. It will transport the 1.75 million metric tons/year of Ichthys-produced LNG allocated to CPC under a sales and purchase agreement. Pacific Breeze had also delivered the first-ever Ichthys LNG cargo to Japan in October.
Ichthys is scheduled to gradually increase its production volume of LNG to approximately 8.9mn mt/yr of LNG when it reaches its production plateau. Approximately 70% of the LNG produced by Ichthys LNG is scheduled to be supplied to Japanese customers.
Ichthys LNG is led by operator Inpex (62.245%) alongside Total (30%), Taiwan's CPC (2.625%), Tokyo Gas (1.575%), Osaka Gas (1.2%), Kansai Electric (1.2%), Jera (0.735%) and Toho Gas (0.42%).