Transfer of the Ichthys LNG Project equity interest to CPC Corporation, Taiwan

INPEX CORPORATION (INPEX) is pleased to announce today that INPEX has reached agreement for INPEX Ichthys Pty Ltd and other project group companies to transfer a 2.625% of the Ichthys LNG Project equity interest(*) to CPC Corporation, Taiwan (CPC).

(*) the Ichthys LNG Project equity interest includes the following elements:

1. Participating interest in production licenses WA-50-L (Ichthys gas-condensate field) and WA-51-L
2. Participating interest in exploration permit WA-285-P (adjacent to WA-50-L)
3. Shares of Ichthys LNG Pty Ltd (a downstream company which owns LNG facilities, liquefies natural gas and does marketing LNG and liquids)