OPERATIONS

PNG LNG signs final SPA 

THE PNG LNG joint venture has signed a midterm sales purchase agreement with Sinopec subsidiary Unipec for 450,000 tonnes of LNG per annum to run over four years beginning this month. 

Oil Search MD Peter Botten happy to sign final PNG LNG SPA

Oil Search MD Peter Botten happy to sign final PNG LNG SPA

This takes the ExxonMobil-led project 7.9 million tonnes per annum of contracted volume.    ExxonMobil has a 33.2% share, Oil Search 29%, Santos 13.5% with the PNG government and minority shareholders...

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