Inpex Corp., Japan’s largest oil and natural gas exploration and production company and an LNG plant operator and developer, reported a doubling of earnings because of higher prices as projects advanced, including an LNG project in Indonesia.
Inpex Corp., the Japanese energy company with operatorship of the Ichthys LNG export plant in the Australian Northern Territory and a shareholding in Shell’s Prelude FLNG plant, posted a jump in earnings as net sales of oil and gas soared by more than 60 percent year-on-year.
Inpex Corp., the Japanese operator of the Ichthys LNG export plant in northern Australia and a shareholder in a liquefaction project in Indonesia, said it had discovered multiple conventional oil, condensate and natural gas columns at onshore Block 4 in Abu Dhabi in the United Arab Emirates.