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

Posted 27 June 2013

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)

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INPEX is committed to recognising and respecting Aboriginal and Torres Strait Islander peoples whose cultures have existed in Australia for more than 65,000 years.

In particular, we acknowledge the Larrakia people as the recognised Traditional Owners of the land and waters where Ichthys LNG onshore facilities are located, in addition to the Whadjuk Nyoongar people on whose lands our Perth office is situated. Furthermore, Broome and Djarindjin are important logistical locations for transit of our offshore workforce, and we therefore extend our acknowledgement to the Yawuru, Bardi and Jawi peoples, respectively.

INPEX acknowledges the important role Aboriginal and Torres Strait Islander peoples continue to play in the development of our business in Australia and pay our respects to their Elders – past and present.