Inpex Executive: Alaska Lng Project Is Expected To Be Very Difficult To Make Profitable

May 13 (Reuters) - Inpex Corp 1605.T:

• INPEX EXECUTIVE: ALASKA LNG PROJECT IS EXPECTED TO BE VERY DIFFICULT TO MAKE PROFITABLE

• INPEX EXECUTIVE: DON'T BELIEVE ALASKA LNG IS A PROJECT THAT A PRIVATE COMPANY CAN UNDERTAKE WITH EXPECTATION OF MAKING IT PROFITABLE

• INPEX EXECUTIVE: ICHTHYS LNG IS SCHEDULED TO CONDUCT SCHEDULED MAINTENANCE FROM MID-AUGUST TO OCTOBER, LASTING ABOUT 1.5 MONTHS

• INPEX EXECUTIVE: ICHTHYS LNG'S RUN RATE HAS FALLEN TO AROUND 80-90% IN MID-APRIL DUE TO HEAT EXCHANGER PROBLEM

• INPEX EXECUTIVE: ICHTHYS RUN RATE HAS RECOVERED TO NEARLY FULL CAPACITY BY END OF APRIL

• INPEX EXECUTIVE: WE ARE NOT CONSIDERING ANYTHING SPECIFIC ABOUT ALSAKA LNG PROJECT AT THIS STAGE SUCH AS FEED

Source text: [ID:]