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Worried about the arbitration ? What happens if Interoil losses? OSH has to take over the Total deal intact and would vote to send gas to PNGLNG me thinks . With earlier monetization dates than with Total is my take . Very positive for Interoil shareholders.
That said Interoil and Total think they prevail . As Getit states that's the most likely outcome.
OSH has been messing with IOC for years. They bought their assets from others and Interoil had wildcat results . Makes Oil Search look bad. Oil Search had been jealous. That's the AGAIN Getit
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There has to be some missing details here!
Where would OSH get the 2.6+ billion to match the offer. I also don't think they can give IOC and the PNG government 37% of a LNG plant.