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INPEX lifts profit forecast on Ichthys strength, higher oil prices and weaker yen

Ichthys LNG lifts FY25 outlook, Abadi talks face cost risks

Rueben Hale
Costs are expected to rise for INPEX’s Abadi LNG project, a key long-term energy source for Asia.

Costs are expected to rise for INPEX’s Abadi LNG project, a key long-term energy source for Asia. | Credits: INPEX

Japan's largest oil and gas producer, INPEX Corp, has upgraded its full-year net profit forecast by almost a quarter (23%), underpinned by strong production from its flagship Ichthys LNG project in Australia,...

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