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LNG (LIQUIFIED NATURAL GAS)

Landowners to enjoy PNG LNG windfall

THE ExxonMobil-led PNG LNG project has progressed towards development with the signing of the benefits-sharing agreement between the Papua New Guinea government and landowners.

Landowners to enjoy PNG LNG windfall

The agreement - worth about 20 billion kina ($A9.5 billion) over the life of the project - gives provincial governments and landowners a 7% stake in PNG LNG, leaving the government with a 12.4% interest...

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