08-24-2013, 04:20 AM
From SA:
Report: Shell may be interested in InterOil's PNG gas assets • 2:17 PM
- As the exclusivity arrangement has lapsed in InterOil's (IOC +4.6%) ongoing negotiations with Exxon Mobil (XOM) in Papua New Guinea, Upstream reports Royal Dutch Shell (RDS.A, RDS.B) has rejoined the battle for IOC's natural gas resources in the country.
- A Platts report in May had indicated Shell was a frontrunner in winning a share of IOC's LNG project in the country, but no similar reports followed.