Don't you just love the PNG press?! It seems to me the most important part of this article is about the last third of it and is not even reflected in the title or heading, and it is startling, indeed:
"Meanwhile the PNG government told local media that it would renew Elk-Antelope’s PRL 15 licence next April.
Petroleum and Energy Minister Nixon Duban told journalists that the potential of the project’s gas fields would raise the country’s profile in terms of the LNG industry.
“It is something that the government wants to see immediately off the ground,” Duban said.
“Let me assure you … licence for PRL 15 will be renewed.
“We are appealing for the company now to apply for the development licence. We want to talk about landowner benefits, project agreements.
“Those must now become the pivotal part of the project. We’ve asked for the project to be brought forward.
“I am now advising the company to put in the petroleum development application.” "
It would appear that those who have expressed concern about the PRL 15 license expiration and renewal next year can stop worrying about it as long as IOC and Total continue to make progress.
It's disappointing that information and press like this does not have wider distribution in the US. Get to work, Investor Relations and media consultants!
Thanks a bunch, Gator, once again!!!
"Meanwhile the PNG government told local media that it would renew Elk-Antelope’s PRL 15 licence next April.
Petroleum and Energy Minister Nixon Duban told journalists that the potential of the project’s gas fields would raise the country’s profile in terms of the LNG industry.
“It is something that the government wants to see immediately off the ground,” Duban said.
“Let me assure you … licence for PRL 15 will be renewed.
“We are appealing for the company now to apply for the development licence. We want to talk about landowner benefits, project agreements.
“Those must now become the pivotal part of the project. We’ve asked for the project to be brought forward.
“I am now advising the company to put in the petroleum development application.” "
It would appear that those who have expressed concern about the PRL 15 license expiration and renewal next year can stop worrying about it as long as IOC and Total continue to make progress.
It's disappointing that information and press like this does not have wider distribution in the US. Get to work, Investor Relations and media consultants!
Thanks a bunch, Gator, once again!!!