Japanese engineering and construction giant JGC has recognised a very large loss on the Inpex-operated Ichthys liquefied natural gas project in Australia in its 2021 financial results, but is forecasting that sales and profitability are on the rise.
The loss provision on the Ichthys project was 57.5 billion yen (US$447 million) which consigned JGC to a net loss of 35.5 billion yen ($276…
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