MARKETS

Total sells 4% stake in Ichthys LNG project

TOTAL will sell a 4% interest in the Ichthys LNG project to partner and operator Inpex for a full consideration of US$1.6 billion.

Total sells 4% stake in Ichthys LNG project

  Under the agreement, which is subject to regulatory approvals, Total will divest 4% of its 30% interest bringing its total stake in the project down to 26%.   The decision comes thanks to cost...

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