MARKETS

Tokyo Gas books A$150M impairment on Ichthys

TOKYO Gas has advised of a Y10.4 billion impairment on its share of the Ichthys LNG project, working out to around A$150 million on its minority 1.57% stake.

Tokyo Gas books A$150M impairment on Ichthys

It also advised of writedowns on its US onshore projects of Y12.1 billion on its tight-sand shale gas development business in east Texas, which it has an unusually large 46% stake in and a Y5.6 billion...

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