Inpex acquires Ichthys LNG stake from Total
December 13, 2018
Inpex announced that it has reached an agreement with Total to acquire 4 percent of the participating interest held by Total in the Ichthys LNG Project for $1.6 Billion. This will increase Inpex’s interest in the project to 66.245%.
Completion of the acquisition is subject to the fulfillment of certain conditions, including approval by the Australian Government and pre-emption rights.
Edited from Inpex press release.