INPEX CORPORATION announced today that INPEX Ichthys Pty Ltd and other project group companies have reached an agreement with Osaka Gas Co., Ltd. to transfer its 1.2% of Ichthys project equity interest.
Based on the agreement, Ichthys project equity interest will be as follows:
• INPEX – 74.8%
• TOTAL – 24%
• Osaka Gas – 1.2%
Ichthys project equity interest includes the following elements:
1. Participating interest of WA-37-R (Ichthys gas-condensate field)
2. Participating interest of WA-285-P (exploration permit adjacent to WA-37-R)
3. Shares of Ichthys LNG Pty Ltd (natural gas liquefaction and LNG marketing company).
[mappress]
LNG World News Staff, December 6, 2011