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PNG

Oil Search's $1B PNG LNG windfall

OIL Search will receive over $A1 billion from the $US19 billion PNG LNG project following ExxonMobil's announcement this morning that the project has achieved financial completion.

Anthony Barich
Oil Search's $1B PNG LNG windfall

Oil Search will receive more than $US700 million ($A893.62 million) in the project's first distribution to co-venturers, which represents the Australian company's share of cash flow, net of operating costs...

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