News Wrap

IN TODAY'S News Wrap: Total, Oil Search and InterOil to meet over PNG's second LNG project; cash-burning Kashagan joint venture to replace all pipelines; and US marines moved to Sicily due to Libyan security concerns.

PNG's next LNG project

With the ExxonMobil-operated PNG LNG project recently starting export operations, its second-biggest owner, Oil Search, is increasingly focused on the commercialisation prospects