AusGroup JV bags Ichthys LNG contract extension

AusGroup bags Ichthys LNG contract extension
Image courtesy of Inpex

AusGroup said the joint venture between its unit AGC Industries and Meisei Industrial, AMJV, has been awarded an extension of works on the Inpex-operated Ichthys LNG project by JKC Australia LNG.

The scope of work for the initial subcontract, awarded in 2014, has been increased to include further painting, surface protection, fireproofing and insulation works for the onshore facilities near Darwin, Northern Territory, Australia.

AusGroup’s chief executive officer, Shane Kimpton said the contract extension is valued at A$165 million ($129.9 million).

The Ichthys LNG project is expected to produce up to 8.9 million tonnes of LNG per annum and 1.65 million tonnes of LPG per annum, along with approximately 100,000 barrels of condensate per day at peak.

The LNG project is a joint venture between Inpex, Total, CPC Corporation Taiwan and the Australian units of Tokyo Gas, Osaka Gas, Kansai Electric Power, JERA and Toho Gas.

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