France’s Total is in talks to lift its stake in the Ichthys LNG export project to 30%.

The oil and gas giant currently holds a 24% share of the Inpex-led project under construction in Australia.

Total’s president of exploration and production, gas and power, Yves-Louis Darricarrere, revealed that the equity discussions are taking place at a media briefing this week.

He said the move reflects Total’s confidence in the LNG development.

Inpex