Inpex exercises pre-emptive rights to buy a stake in the Ichthys LNG project from JERA
economy2 d ago
coda.news AI summary
- Inpex increases its stake in Ichthys LNG project to 68.555%.
- The stake purchased from JERA amounts to 0.735%.
- Ichthys LNG project began production in 2018 and has annual LNG capacity of 9.3 million metric tons.
- Completion of the deal is subject to regulatory approvals; JERA previously said it would sell to MidOcean Energy.
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