POLICY

Oil Search windfall for PNG LNG 

THE PNG LNG partners have reached commercial agreement on the redetermination of participating interests with Oil Search to take a carried interest of US$176 million. 

Staff Reporter
PNG LNG marine jetty

PNG LNG marine jetty

The parties will discard the current redetermination process which began in December.    Participating interests will not change now.    It takes the cash from "certain non-PNG State joint venture...

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