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PNG

LNG Ltd reveals Gas Link Global permit play

LIQUEFIED Natural Gas Ltd remains focused on its Gladstone LNG Project in Queensland but has said that 66.67%-owned company Gas Link Global is set to take two stakes in Papua New Guinea licences through the pending 100% acquisition of Gedd PNG.

Blair Price
LNG Ltd reveals Gas Link Global permit play

The latter company holds 10% of PPL 240 and 10% of PRL 10 according to LNG Ltd's annual report. LNG Ltd said PPL 240 hosted the unsuccessful Korobosea-1 well drilled in 2007 and is held on a low-cost...

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