Inpex has sprinted in with the first production project sanction of 2012, adding another 8.4 million tonnes to global capacity with its Ichthys LNG development.
The project comes in at a whopping $34 billion, however, putting capital costs at more $4000 per tonne of LNG, surely a record.
The price tag might be a tad misleading, though. LNG accounts for around 60% of the revenue while 1.6
