Completion of the transfer of the Ichthys LNG Project equity interest (6%) to TOTAL
Posted 1 March 2013
INPEX CORPORATION (INPEX) is pleased to announce that INPEX and TOTAL S.A. (TOTAL) have completed the necessary procedures to transfer a 6% of the Ichthys LNG Project equity interest(*) to TOTAL group companies.
(*) The Ichthys LNG Project equity interest includes the following elements:
- Participating interest in production licenses WA-50-L (Ichthys gas-condensate field) and WA-51-L
- Participating interest in exploration permit WA-285-P (adjacent to WA-50-L)
- Shares of Ichthys LNG Pty Ltd (a downstream company which owns the LNG facilities, liquefies natural gas and does marketing LNG and liquids)
As a result of the transfer, the Ichthys LNG Project equity interest will be as follows:
- INPEX = 66.070%
- TOTAL = 30.000%
- Tokyo Gas = 1.575%
- Osaka Gas = 1.200%
- Chubu Electric = 0.735%
- Toho Gas = 0.420%