'jft310' pid='21465' datel Wrote:MEDIA RELEASE - PM O'NEILL MEETS EXECUTIVES OF TOTAL
PM O’NEILL MEETS EXECUTIVES OF GLOBAL GIANT - TOTAL
For Release – Thursday 25th April, 2013
Executives of global giant, Total met with Prime Minister Peter O’Neill today and declared their keen interest in oil and gas exploration in the country.
Total, a French company, is number 2 in the LNG business in the world.
They already have a partnership agreement with Oil Search for exploration in the country, but want to carry out more under this partnership or on their own.
The company, with its headquarters in Paris, recently opened an office in Singapore with PNG in mind.
“We are very excited about PNG. We see this country as a land of opportunity. You have vast resources that can attract a lot of investors to your shores,” said Jean-Marie Guillermou, President of Exploration and Production in the Asia Pacific region.
“Asia is a booming market for LNG, and PNG presents an exciting opportunity for us in upstream (exploration). We want to be here for the long term,” Mr Guillermou said.
Mr O’Neill welcomed their keen interest in investing in the LNG sector.
“PNG is a vibrant democracy with a strong economy that is growing. We have been producing oil for over 20 years and our LNG is now about to take off.
“I’m pleased with your partnership with Oil Search. You have chosen a strategic partner in this business. The government is open to investment that will provide opportunities for our people, and we will support you in your endeavours,” the Prime Minister said.
Approved for release!
HON. PETER O’NEILL CMG, MP
Prime Minister
Well... well... well... as they say, if you have not been to Paris, you have not seen the world.
One may surmise that OSH has been. Such is a tread?
ULALAAAAAA
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