Friday, August 23, 2019

Challenge Peak Ships 1st Plant Condensate from Ichthys LNG Project

January 2, 2019

The project’s first plant condensate shipment by NYK’s Challenge Peak. Photo: NYK Line

The oil products tanker operated by Singapore-based NYK Bulkship (Asia) Challenge Peak  has shipped the first batch of plant condensate produced at the onshore gas liquefaction plant of the INPEX-operated Ichthys LNG Project.

According to a press release from the Japanese shipping and logistics company NYK (Nippon Yusen Kabushiki Kaisha (NYUKF)), the condensate was loaded from the gas liquefaction plant in Darwin in the Northern Territory of Australia, and the vessel departed for an Asian country on December 26.

A joint venture among INPEX (the operator), oil major Total, and others, the Ichthys LNG Project is one of the largest LNG projects in the world, it said.

At its peak, the project is expected to produce approximately 8.9 million tons of LNG and approximately 1.65 million tons of LPG per annum, along with approximately 100,000 barrels of condensate per day.

In accordance with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group seeks to secure stable freight rates and provide flexible and optimal transport options that meet customers’ diversifying needs and contribute to stable energy supply.

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