Inpex Corporation · TSE:1605
Inpex — Investor Presentation (January 2012)
12 slides from Inpex's investor presentation, Jan 24, 2012
Slide 1: Ichthys LNG Project Location
Appendixᴾ ᴾ January 24, 2012 Ichthys LNG Project Location ᵨᵮᵢᵟᵎᵑᵋᵏᵑ ᵥᵿᶑᴾᵿᶌᶂᴾᵡᶍᶌᶂᶃᶌᶑᵿᶒᶃᴾᵤᶇᶃᶊᶂ Gas Field ᵢᵿᶐᶕᶇᶌᴾᵡᶇᶒᶗ ᵵᵟᵋᵑᵒᵑᵋᵮ ᵵᵟᵋᵐᵕᵒᵋᵮ ᵱᵟᵬᵲᵭᵱᴾᴾᴾᴾᵑᵎᵃ ᵧᵬᵮᵣᵶᴾᴾᴾᴾᵔᵎᵃ ᵲᵭᵲᵟᵪᴾᴾᴾᵒᵎᵃ ᵵᵟᵋᵑᵒᵏᵋᵮ A ᵡᵦᵣᵴᵰᵭᵬ ᵓᵎᵃ ᵧᵬᵮᵣᵶᴾᴾᴾᴾᵔᵎᵃ ᵧᵬᵮᵣᵶᴾᴾᴾᴾᴾᴾ ᵐᵎᵃ ᵲᵭᵲᵟᵪᴾᴾᴾᵒᵎᵃ ᵵᵟᵋᵒᵏᵎᵋᵮ ᵱᵟᵬᵲᵭᵱᴾᴾᴾᴾᵑᵎᵃ ᵡᵦᵣᵴᵰᵭᵬ ᵓᵎᵃ ᵧᵬᵮᵣᵶ ᵐᵎᵃ ᵵᵟᵋᵑᵒᵒᵋᵮ ᵧᵬᵮᵣᵶᴾᴾᴾᴾᵔ
Slide 2: Extent of the Ichthys Field / Brief Summary of Block WA-37-R
Extent of the Ichthys Field 3 Brief Summary of the Block WA-37-R Permit holdersᾉᴾ Ichthys LNG 72.805% Project INPEX group 24.000% Upstream JV TOTAL Tokyo Gasίͤὸ 1.575% Osaka Gasίͤὸ 1.200% Downstream JV (Liquefaction and LNG Marketing, etc ) Toho Gasίͤὸ 0.420% (ͤ) Subject to approval by the Austral
Slide 3: Exploration History / Ichthys Project History
Exploration History 1998 Marchᾉ offered in the Australian Government’s 1997 Offshore Exploration acreage gazette. August: Obtained Exploration Permit for the WA-285-P (Share 100%). December: Acquired 2D seismic with line length approx. 4,700km. March 2000 – February 2001 1st Drilling Campaign of 3 w
Slide 4: Outline for Development Concept / Offshore Facility Layout
Outline for Development Concept LNG Production: 8.4 million tonnes per year Condensate Production: approx. 100,000 barrels per day(at peak) LPG Production: approx. 1.6 million tonnes per year Subsea Production Wells:ᴾ 30 wells in the Brewster formation, 20 wells in the Plover formation Res
Slide 5: Overall Development Image / Subsea Well and Infield Flowlines
Overall Development Image Central Processing Facility LNG, LPG, Condensate Cent Floating Production, (CPF) Sto Stor Storage and Offloading Condensate (FPSO) Darwin Onshore LNG Plant Offtake Tanker Flexible R iser seer Riser Upstream Downstream D Do Gas Export Pipeline Flowline Subsea Production Syst
Slide 6: CPF/FPSO and Gas Export Pipeline
CPF/FPSO Ὁ Hull size approx. 110m x110m. One of the world’s biggest , similar size to GOM Thunder Horse. ὉLiving Quarters (150 personnel capacity) will be installed on South side ὉFlexible Riser will be installed on North side. ὉApprox. 336m x 59m ὉLiquid from CPF will be transferred through Turret
Slide 7: LNG Plant Site Location / LNG Plant Layout
LNG Plant Site Location 13 LNG Plant Layout Image 14
Slide 8: GHG (Greenhouse Gas) Management
GHG (Greenhouse Gas) Management Situation in Australia - On 24 February 2011, the Federal Government announced the Climate Change Framework which would introduce fixed carbon price from July 2012. ᵋ On 10 July 2011, the Federal Government announced the Climate Change Plan which would introduce a f
Slide 9: Contribution to Local Community / Condensate, LPG Market
Contribution to Local Community Opening Ceremony: Larrakia Trade Training Centre (Apr 2011) Visitation : Larrakia Trade Training Centre (Jun 2011) Hon. Julia Gillard (Prime Minister of Australia) Naoki Kuroda (Chairman, INPEX Corp) Signing ceremony : INPEX Corporation (Nov 2009) Hon. Paul Henderson
Slide 10: Project Organization Chart / Taxation Summary in Australia
Project Organization Chartᴾ 19 Taxation Summary in Australia ͤThe content may be changed by tax revisions Sales э(Oil/Gas sales price)㽢(Sales volume)㻌 䞉䞉䞉䞉䞉䞉䞉䞉䞉䐟㻌 㻌 㻌 㻌 Operating expense эOPEX incurred in relevant years(+Exploration cost)+CAPEX tax depreciation㻌 䞉䞉䞉䞉䞉䞉䞉䞉䞉䐠㻌 㻌 PRRT(Petroleum Resource
Slide 11: Finance and Funding / Project Insurance
Finance and Funding Project CAPEX: US$24.7B (INPEX share, 72.805%) Own Funds Bank Loan Cash flows from operating activity The amount of the bank loan will Cash and deposits and Investment be around 1 trillion yen and mainly securities etc. financed by Project Financing. Project Financing Und
Slide 12: INPEX Corporation Investor Relations Group
INPEX CORPORATION Investor Relations Group Corporate Communications Unit Corporate Strategy & Planning Division 23