Inpex Increases Stake in Ichthys LNG Project to 68.6%

Key Facts

1Inpex Corporation increased its stake in the Ichthys LNG project to 68.6%.

2The stake increase resulted from Inpex exercising pre-emptive rights for JERA's interest.

Inpex Corporation increased its stake in the Ichthys LNG project to 68.6%. Investing.com reported that the stake increase resulted from Inpex exercising its pre-emptive rights for the interest previously held by JERA.

The acquisition allows Inpex to consolidate control over its flagship Australian LNG project, a move seen as positive for long-term revenue control and energy security. The consolidation reflects continued growth in the company's core energy assets.