What does "In-Kind" Mean

[jft310]

It is not nationalizing the asset. The O&G Act clearly states that the State pays sunk cost for its initial 27.5% and must pay market for anything above. It also states this must be hammered out by Nov 30, 2012. PNG must be able to prove that it can front the additional 27.5% of upstream development cost to make the project bankable. They state this is a very important project and by making this election must be sure that it can be "fast-tracked". So is this how Shell will buy in? Who knows but this is anything but bad.

Confused read Palms post!!!