Inpex Completes Transfer of 6% Interest in Ichthys LNG to Total

Inpex disclosed Friday that it has transferred 6 percent of its equity interest in the Ichthys LNG Project to Total.

Inpex's interest includes a participating interest in production licenses WA-50-L and WA-51-L, a participating interest in exploration permit WA-285-P and shares of Ichthys LNG.

As a result of the transfer, the Ichthys LNG Project equity interest will be as follows: Inpex (66.070%), Total (30.00%), Tokyo Gas (1.575%), Oaska Gas (1.200%), Chubu Electric (0.735%) and Toho Gas (0.420%).

In December last year, Inpex secured $20 billion in project finance loans for the project.


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