Commenting on this transaction, Oil Search’s Managing Director, Peter Botten said, “We believe this is a good outcome for the PNG LNG Project and it has been welcomed by the Project Joint ...

“The test will be whether PNG will, in the short, medium, and long term, be able to realize the benefits of hosting.” In an economic milestone for the country, a major LNG project makes its ...

Following construction of a $19 billion liquefied natural gas (LNG) project, PNG LNG, a consortium led by ExxonMobil, began exporting liquefied natural gas to Asian markets in May 2014.

and supporting facilities for the Genting floating liquefied natural gas project in West Papua, Indonesia. In a statement, Genting said the fixed lump sum for the contract is US$182.9mil ...