Prelude impairment hits Inpex

JAPANESE oil and gas major Inpex posted a A$1.37 billion loss for 2020, largely attributable to a $1.6 billion write down due to the Prelude FLNG shutdown for much of the year.

Prelude impairment hits Inpex Prelude impairment hits Inpex Prelude impairment hits Inpex Prelude impairment hits Inpex Prelude impairment hits Inpex

On Wednesday, Inpex revealed it made a $1.37 million loss compared to a $2.07 billion profit the year before.