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1000th MILESTONE

INPEX General Manager Northern Territory Stuart Knowles is looking forward to another exciting and productive year steering the corporate arm of the business in the NT and collaborating with stakeholders.

In December 2023, INPEX-operated Ichthys LNG celebrated the safe departure of its 1000th cargo – this significant milestone included both onshore and offshore cargoes.

Stuart says: “Our first onshore cargo departed Bladin Point in October 2018 and our success to date would not have been possible without the strong performance of our onshore and offshore leadership teams, employees, contractors, service providers and Territorians who are part of our eco-system and instrumental to our future business activities.

“INPEX is proud to be supporting regional energy security through Ichthys LNG, with significant social and economic benefits flowing back to local NT communities.”

Our pathway to net zero

As the business actively supports net zero emissions by 2050, the Territory remains a focal point for INPEX.

“We are aiming to introduce carbon capture and storage (or CCS) to Ichthys LNG by the late-2020s. CCS is a proven and safe method of storing greenhouse gas emissions, a process that has been in use globally for more than 25 years.

“INPEX is about to commence a multi-year appraisal program for the INPEX-operated Bonaparte CCS program, which has the potential to support local jobs and other opportunities over the coming years.

Working with the community

“As a business, we value trusted relationships, so last year we reached out to the Darwin community and local stakeholders to see how we were tracking.”

The Community Perception survey was led and implemented by independent consultants and saw more than 200 digital survey responses and around 40 stakeholders from a range of sectors participating in interviews.

• More than half of respondents agreed or strongly agreed that INPEX has a strong presence in the community.

• Almost 70 per cent of respondents agreed or strongly agreed that INPEX contributes to the NT economy. • Sixty percent agreed or strongly agreed that INPEX creates value for communities.

“On behalf of INPEX, I’d like to thank everyone who took the time to provide this valuable feedback, which will help inform our business activities.”

Okawa san recognised for economic contribution to the Territory

Former INPEX President Director Australia, Hitoshi Okawa, was presented with an Honorary Doctorate of Economics at Charles Darwin University (CDU) late last year, in recognition of his fundamental role in developing the $60 billion INPEX-operated Ichthys LNG energy development.

“After more than two decades of working in Australia, Okawa san has contributed to significant economic and social benefits in the NT,” Stuart says.

“Before he returned to our INPEX Tokyo headquarters late last year, to take up a new position, his contributions were formally recognised by CDU at a special graduation ceremony.

“Okawa san set a high benchmark for INPEX in terms of how we operate here in the NT, and we thank him for his leadership and passion – and wish him all the best in his new role.”

Partnerships and collaboration

Other recent highlights for the local INPEX team in 2023 included the expansion of existing partnerships with Starlight Children’s Foundation, Foodbank NT’s School Breakfast Program and Darwin Festival, as well as new investments to support Darwin Basketball Association, Stars Foundation and Anglicare NT’s Safe Hangout for All Kids (SHAK) youth drop-in centre.