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PNG LNG ASAP

NOW that Oil Search has finally admitted the PNG pipeline was not a good option, attention has shifted to liquefied natural gas as a way of commercialising Papua New Guineas gas resources. In just a few years, the country could have as many as three LNG projects operating.

The PNG pipeline’s most passionate backer, Oil Search, has now conceded that LNG is a much more attractive option for commercialising PNG gas. Piping gas across the seabed into one of the world’s cheapest...

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