Shape of LNG in PNG hinges on InterOil
2013-11-21 20:03:20.832 GMT
Ex-Woodside Petroleum executive Mike Hession is now the CEO at US-based
InterOil, and pursuing a major investment in Papua New Guinea (PNG). The
group may also relist in Australia, and would become a competitor to local
energy stocks Santos and Oil Search in the emerging LNG sector of PNG. A
large global company is set to be announced as the partner for the gas
development by InterOil. Its identity will determine whether a new LNG plant
is needed or an extension to that lead-managed by ExxonMobil; Original
article by Angela Macdonald-Smith; The Australian Financial Review; 22
November 2013; page 21 Abstract by ABIX/Roy Morgan Research
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