Development of the Ichthys Project will deliver significant social and economic benefits to the Northern Territory and Australia.
Benefits will include:
- Regional and social infrastructure enhancement
- Local community and Aboriginal and Torres Strait Islander development
- Community partnerships and sponsorships
- Employment and training opportunities
- Local business growth through supply of goods and services
- State and Commonwealth royalties.
The project will be the largest oil and gas development in the Northern Territory and it will attract other industry – such as transport, health, and professional services – to the area. It will also showcase the Northern Territory as a region capable of supporting the construction and operation of a major development:
In December 2009, the Northern Territory Government and INPEX, on behalf of the joint venture partners, agreed the Ichthys Industry Participation Plan to ensure business, employment and training opportunities for the people of the Territory. Find out more about the Ichthys Industry Participation Plan .
In November 2009, the Larrakia Development Corporation and INPEX signed a Memorandum of Understanding to identify and, where practical, seek employment, training and business opportunities for the Larrakia, including on the project itself. The MOU also reflects the intention to develop a community benefits package for the Larrakia people.
INPEX is committed to sustainable development and improving the social and economic well-being of the communities in which we operate. Find out more about INPEX’s community investment program.