4 billion increase in the capital cost of the Ichthys liquefied natural gas project in Australia, and have been forced to delay production start-up by at least six months.
Inpex said production, which was initially expected to start toward the end of December 2016, is now forecast to begin in the third quarter of 2017, between July and September.
It is expected the revised production start-up schedule and other factors will increase the project’s investment by up to 10%, bringing the total project cost to US$37.4
