Inpex buys into $12bn Shell project
Japan’s Inpex Corporation announced today it had struck an agreement with Shell to purchase a 17.5 per cent interest in the Prelude floating LNG project, located off WA’s northern coast.
The purchase is part of a broader strategic tie-up between the two companies, which includes Inpex selecting Shell as its development partner for the Abadi floating LNG project in Indonesia.
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