EXPLORATION

Papua LNG signs MOU with PNG government 

OIL Search has confirmed today that the Papua LNG joint venture project it shares with ExxonMobil and Total has signed a memorandum of understanding with the government of Papua New Guinea for the expansion of the project. 

Oil Search's Peter Botten with PNG PM Peter O'Neill

Oil Search's Peter Botten with PNG PM Peter O'Neill

The JV first announced a planned expansion in February and once operational it will double the PNG LNG output to a nameplate capacity of 16 million tonnes LNG per year.     The MOU provides the framework...

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