Inpex's posts huge losses over Prelude FLNG

JAPAN’s Inpex has booked a painful “extraordinary loss” of ¥186.9 billion (A$2.5 billion) in its latest results, due to an impairment of ¥192.4 billion (A$2.53 billion) resulting from “deteriorating business environments”.

Inpex's posts huge losses over Prelude FLNG Inpex's posts huge losses over Prelude FLNG Inpex's posts huge losses over Prelude FLNG Inpex's posts huge losses over Prelude FLNG Inpex's posts huge losses over Prelude FLNG

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Over the first half the company posted more than $1.8 billion of charges on its Australian LNG interests. 

Roughly $1.72 billion of this was from the Prelude FLNG project operated by Shell.