LNG

Nov 7 (LNGJ) - Inpex Corp, the Japanese oil and gas company and developer of the Ichthys LNG plant in Australia that delivered its first cargo in October to its own Naoetsu import terminal in Japan, said net energy sales decreased by 2.2 percent to 438.2 billion yen ($3.87Bln) in its fiscal first-half to the end of September. “Net sales of crude oil increased by 42.0Bln yen, or 12.7 percent, to 372.9Bln yen, and net sales of natural gas decreased by 52.8Bln yen, or 47.7 percent, to 57.9Bln yen,” said Inpex. Net income for the six months increased by 12.9 percent compared with the previous year to 34.0Bln yen ($300.7M) versus 30.15Bln yen in 2017. Inpex said it would expect to boost income in the second half with revenue generated from Ichthys LNG through March 2019.