Kumul still to decide on Pasca A equity

PAPUA New Guinea’s state oiler Kumul Petroleum Holdings is yet to decide how much equity it will take up in the Pasca A gas-condensate offshore project in the Gulf of Papua.

Kumul still to decide on Pasca A equity Kumul still to decide on Pasca A equity Kumul still to decide on Pasca A equity Kumul still to decide on Pasca A equity Kumul still to decide on Pasca A equity

Kumul managing director Wapu Sonk told The National newspaper at the weekend yesterday the state entity would have to conduct full due diligence of the project first.

  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Govt's COVID-19 Commission under scrutiny. Read more.
  • Latest COVID-19 Coverage: NT throws cash at oil and gas industry. Read more.