Ichthys LNG Financing
The $20 billion debt will be used for the $37.4 billion Ichthys LNG project, which involves the construction of offshore facilities producing natural gas and gas condensate from the Ichthys Field in the Browse Basin, off the coast of Western Australia and onshore facilities 885 km away at Blaydin Point, near Darwin, Northern Australia.Inpex owns 60.7% of Ichthys, while Total owns 36%, after an agreement between the two for Total to...