Inpex sets up finance unit in Singapore

Inpex sets up finance unit in Singapore
Illustration purposes only (Image courtesy of Inpex)

Japanese LNG terminal developer, Inpex said its board of directors voted to establish a finance unit in Singapore. 

The company intends to create a more efficient and centralized system to manage the Group’s intercompany finance operations and to strengthen the framework to support the financial administration of the its projects in Asia and Oceania, the statement reads.

Inpex is developing the US$34 billion Ichthys LNG project in Australia. The project is scheduled to start production by the third quarter of 2017, and is set to have an annual LNG production capacity 8.9 mtpa.

Together with its partner Shell, Inpex has also proposed a plan to develop an LNG project in Indonesia that will use the feed gas from the Abadi gas field in the Masela block to produce between 7.5 mtpa and 9.5 mtpa of LNG.


LNG World News Staff

Share this article

Follow LNG World News


<< Dec 2019 >>
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >