Completion of the transfer of the Ichthys LNG Project equity interest (6%) to TOTAL

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:

  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 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%
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