POLICY

Marape gets the jump on Twinza with unexpected state take nuimbers

TWINZA Oil has agreed non-binding terms for a Gas Agreement for its Pasca A development with the government of Papua New Guinea, confirming Friday terms were agreed September 13, but a recent government release suggests a state-take far higher than that that provisionally agreed. 

Marape gets the jump on Twinza with unexpected state take nuimbers

Marape gets the jump on Twinza with unexpected state take nuimbers

Specifically it believes the suggestion that 61%-65% has not been agreed.    The Post Courier reported Friday Prime Minister James Marape had welcomed the outcome to reach an in-principle agreement. ...

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