02-28-2014, 03:38 AM
If there was any doubt how much influence the govt of PNG has in these negotiations it has been removed. The OSH/Pac LNG deal appears to have been a last-second decision and was almost certainly driven by O'Neill and co. They saw they were not going to get their IPIC shares back but managed to secure an investment in Oil Search by taking another route. Play nice with PNG and you will be rewarded.

