Ichthys LNG Project arranging insurance for the facilities during construction period

Posted 28 February 2013

INPEX CORPORATION (INPEX) is pleased to announce today that the INPEX-led Ichthys LNG Project has completed insurance arrangements for project facilities related to the Ichthys LNG project during the construction period prior to the production start-up scheduled by the end of 2016.

These insurance policies provide covers against risks such as property damage and third-party liabilities for Subsea Production System (SPS), Umbilicals / Risers / Flow lines (URF), Central Processing Facility (CPF), Floating Production, Storage and Offloading (FPSO), Gas Export Pipeline (GEP), Onshore Gas Liquefaction Plant in Darwin and other facilities constructed.