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MARKETS

ICCC holds fire on InterOil

PAPUA New Guinea’s competition regulator has found ExxonMobil’s purchase of InterOil is unlikely to impact the supply of gas into the domestic PNG market after a months-long investigation.

Haydn Black
InterOil operations.

InterOil operations.

An ExxonMobil spokesperson said the company was pleased by the Independent Consumer and Competition Commission decision, announced at the weekend, months after the hard fought takeover was completed. ...

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