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2018-12-14 08:25:00

TOTAL DIVESTS AUSTRALIA BY 4%, $1.6 BLN

TOTAL DIVESTS AUSTRALIA BY 4%, $1.6 BLN

TOTALTotal has signed an agreement to divest a 4% interest in the Ichthys liquefied natural gas (LNG) project in Australia to operating partner INPEX for an overall consideration of 1.6 billion USD. The transaction, which is subject to Australian regulatory approvals, reduces Total’s interest in the asset to 26%.

This transaction is part of our constant portfolio review to optimize our capital allocation. Ichthys is part of a wave of Australian LNG projects, which have unfortunately…

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Tags: TOTAL, AUSTRALIA, LNG, INVESTMENT, INPEX
Chronicle:
TOTAL DIVESTS AUSTRALIA BY 4%, $1.6 BLN
2020, February, 21, 12:08:00
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TOTAL DIVESTS AUSTRALIA BY 4%, $1.6 BLN
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NORWAY'S JANUARY PETROLEUM PRODUCTION 1.963 MBD
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TOTAL DIVESTS AUSTRALIA BY 4%, $1.6 BLN
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TOTAL DIVESTS AUSTRALIA BY 4%, $1.6 BLN
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PETROBRAS NET INCOME $10.2 BLN
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TOTAL DIVESTS AUSTRALIA BY 4%, $1.6 BLN
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AUSTRALIA'S SANTOS NET PROFIT $674 MLN
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TOTAL DIVESTS AUSTRALIA BY 4%, $1.6 BLN
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