TOKYO May 12 Japan's biggest oil and gas
explorer Inpex Corp sees minimal cost overruns on its
Ichthys liquefied natural gas (LNG) export plant in Australia
because of a start-up delay, a senior executive said on Friday.
The cost overrun could be up to a few percent if any, and
there would be no material impact to the project, Inpex's Senior
Managing Executive Officer Masahiro Murayama told Reuters on the
sidelines of the company's full-year earnings results.
Inpex two weeks ago delayed the Ichthys start by up to six
months from its original target of the third quarter this year,
citing delays in the installation of offshore production
(Reporting by Osamu Tsukimori; Editing by Christian