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Mega LNG project owner Inpex dismayed by offshore gas challenges
Angela Macdonald-SmithSenior resources writer
The local boss of Japanese gas giant Inpex says Australia’s deteriorating policy climate for gas threatens future investments to support the $US45 billion ($69.5 billion) Ichthys LNG project in Darwin.
Tetsu Murayama said the retrospective application of new rules to sanctioned gas projects was of great concern to Inpex’s leadership given the investments required to support the potentially 40-year future of Ichthys LNG, Japan’s biggest overseas investment.
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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
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