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Petromin/Kalinoe are GONE = Kumui Petroleum
#47

'jft310' pid='20252' datel Wrote:STP-Strongly disagree as to PNG politicians and their desire to mess this up(mercy of PNG politicians). They need the revenue. And it sure seems like IOC will have a Super Major in their deal someplace. And historically how has Exxon fared in getting their way on PNG? So we have NO, zero ,nada connection to Senior PNG government officials NOT wanting these projects to succeed. In fact Somare and O'Neil have promoted the IOC project and have helped them along the way. If YOU call that the mercy of the PNG politicians well most others would say bring it on. We want that kind of help. Maybe a Nation Building conversation is in order . Duma now lined up and Petromin now gone kinda tell the tale . Once the deals cut its a legal document in what a Commonwealth country. Sounds like a short arguement to me that again has no wind at its back!!

This is a misunderstanding, seems to happen quite a lot these days. I said that IOC is at their mercy. It's their (PNG's) land and even their gas. I didn't say, nor even tried to suggest, they had any desire to mess this up, in fact, I've said the contrary on numerous occasions. They do indeed need the revenue.

But this doesn't alter the fact that IOC is dependent on them, and insulting them from this, or any other platform, however insignificant, apart from violating the SHU terms, doesn't serve any purpose and isn't conducive to establishing good cooperative relations, no matter how many times I get ridiculized for that or how many alterior motives people want to read into this, there simply aren't any. Take me face value or don't take me at all.

And what's more, we just have witnessed a period where IOC suffered from headwinds in this department and that dependency manifested itself with considerable force. Those who fail to learn from history are bound to repeat it.

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RE: Petromin/Kalinoe are GONE = Kumui Petroleum - by admin - 04-07-2013, 03:09 AM

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