Australia: in line with its discipline on capital allocation, Total reduces its stake in Ichthys LNG by 4%

Results of the Public Tender Offer of Total on Direct Energie

Paris – Total 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%.

 

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