Total hails Oil Search as perfect PNG partner

[Palm]

Agree Brews; Gulf already has plenty of spending on projects planned: 1. New Port at Paia inlet- Huge project that will spawn more than Kavo can keep track of 2. New roads to connect tThe Highlands to Kerema and PM 3. Pipelines, CSPs and other surrounding the combining OSH/Total/IOC license areas The National government owns the resources and will have the say in how they get developed. The fact that they have endorsed the OSH Pac LNG buy AND bought into OSH says a lot, and supports their statement that they support OSH's overall aggregation plan to bring hydro resources together to monetize them in the quickest and least costly manner. No one is saying anything is a slam dunk nor that "first" gas from EA will be going to PNG LNG. But if we all believe in the IOC resource the way it has been said so many times, then there will be plenty of gas for expansion of PNG LNG and new plant(s). The government will push things the way it works best for the country. These bigs work together around the world. In that last couple of years Total and Exxon have partnered together in places like South Sudan, UK (South Hok) and Poland; no reason it can't be done in PNG if that's the best way to get things done.