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May. 29, 2013, 8:35 AMIndonesia's PT Energi Mega Persada will sell its 10% stake in the offshore Indonesia Abadi liquefied natural gas project to Japan's Inpex and Royal Dutch Shell (RDS.A, RDS.B) for an undisclosed sum. Inpex already owns 60% and Shell 30%; each gets an additional 5%. The field in the Masela block of the Arafura Sea is estimated to have ~18.5T cu. ft. of certified gas reserves. | Comment!
May. 29, 2013, 7:57 AMRussia's Rosneft (RNFTF.PK) and Japan's Inpex (IPXHF.PK) are set to sign an accord on joint development of offshore oil resources near Magadan in the Sea of Okhotsk in Russia's far east. The agreement reportedly will cover the Magadan-2 and Magadan-3 fields, which has estimated oil reserves of 3.4B barrels. | Comment!
May. 25, 2012, 5:37 AMTotal (TOT) and Inpex Japan's (IPXHF.PK) are seeking $20B in loans for Ichthys, their Australian LNG project, Reuters reports. It would be the largest set of project finance loans in the world, although it's made more attractive by Inpex already having secured sales contracts with Japanese utilities who need a replacement of nuclear power. | 1 Comment
May. 14, 2012, 9:37 AMAustralia may eventually produce as much as 100M tons of liquefied natural gas a year, making it the world's largest exporter of the fuel, Total (TOT) CEO Christophe de Margerie says. Total and Inpex (IPXHF.PK) are partners in two major projects in the country: the $34B Ichthys LNG project and the $16B Gladstone venture. | Comment!
Nov. 10, 2011, 7:29 PM
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