11-07-2013, 03:34 AM
Imo, this is the hole I saw in the PNG jurisdiction over their LNG situation, as well as other situations. They now, if called for, influence dealings by SM's not necessarily viewed as their best choice to develop PNG resources. imo, this theoretically could block a corporate takeover without their govt blessings. Just my opinion. But I see it as flexible depending on PNG views....they can influence consolidations to their advantage , or joint advantage. That's basically what I see going on now and IOC has cooperated in a win win way.

