
Contract area (block) | Project status | CO2 storage capacity | Venture company (established) | Interest owned (*Operator) |
---|---|---|---|---|
GHG Assessment Permit (G-7-AP) |
Under evaluation | 10 million tons or more per year (planned) | INPEX Browse E&P Pty Ltd (Oct. 21, 2013) |
|
Project History
August 2022 | JVPs acquire GHG Assessment Block G-7 AP |
---|---|
December 2022 | INPEX initiates joint study with JOGMEC targeting the Bonaparte CCS Project, aiming to implement CCS for CO2 emission reduction in Australian LNG operations |
May 2024 | INPEX and JERA sign agreement to jointly study feasibility of Japan-Australia CCS value chain |
October 2024 | INPEX and Chubu Electric Power sign agreement to jointly study feasibility of Japan-Australia CCS value chain |
April 2025 | Bonaparte CCS Joint Venture commences pre-FEED |
July 2025 | Bonaparte CCS Project awarded major project status by Australian government |
In addition to maintaining and expanding LNG production, INPEX is planning a CCS project to capture CO2 emitted from production operations and inject and store it underground as part of its response to climate change. In August 2022, through INPEX Browse E & P Pty Ltd, the company acquired a 53% interest in the GHG Assessment Block G-7 AP located off the northwest coast of the Northern Territory of Australia. We are currently conducting an assessment of the block with the aim of injecting CO2 from around 2030. Given this acreage is expected to have a high CO2 storage capacity, we are considering accepting CO2 from both Ichthys LNG and third parties. We are committed to contributing to the realization of a low-emissions CCUS Hub* led by the Northern Territory Government, among other initiatives.

-
Drilling rig commissioned for appraisal wells
-
3D seismic survey vessel
'Image courtesy of Shearwater Geoservices'