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Ichthys escapes Inpex writedowns

JAPAN'S biggest oiler and the developer of the massive Ichthys LNG project in the Browse Basin and at Darwin, expects to book 67 billion yen ($A801 million) in impairment charges for 2015 as lower oil and gas prices savage its balance sheet.

Haydn Black
Ichthys escapes Inpex writedowns

Inpex's income for the year to March 31 has fallen to a reported $311 million, half the same level expected in February when it said it expected to post a profit of $623 million and almost 70% lower than...

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