Inpex Corp President and CEO Kitamura poses in front of the company logo before an interview with Reuters at the company headquarters in Tokyo

Inpex Corp President and CEO Kitamura poses in front of the company logo before an interview with Reuters at the company headquarters in Tokyo

Japan's biggest oil and gas explorer Inpex Corp President and CEO Toshiaki Kitamura poses in front of the company logo before an interview with Reuters at the company headquarters in Tokyo January 9, 2015. The $34 billion Ichthys liquefied natural gas (LNG) project in Australia is still above its break-even-point despite a six-month plunge in global oil prices to around $50 a barrel, said the top executive of project operator Inpex Corp. When Inpex made its final investment decision (FID) in 2012, Brent crude was hovering around $110 a barrel, but Inpex is not worried about the profitability of Ichthys even though global crude prices have lost more than 50 percent of their value since June last year, Kitamura said in an interview with Reuters on Friday. To match Interview INPEX-LNG/ REUTERS/Toru Hanai (JAPAN - Tags: BUSINESS ENERGY) - RTR4KPSQ

April 26, 2017 2:42 PM (UTC+8)