Integrated oil and gas company TOTAL S.A. (NYSE:TOT) teamed up with Japan’s INPEX CORPORATION to invest $34 billion in the Ichthys liquefied natural gas (LNG) project in Australia. This new venture expands TOTAL’s presence in Australia, which would also help the company to capitalize on the growing demand for LNG in the Asian markets.
TOTAL will have a 24% interest in this project. True to its long-term strategy, the oil major is working consistently to increase its global presence through … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards