04-14-2015, 01:07 AM
IOC has majority ownership without the interests of PRE and PacLNG, and I do not think the government would try to override that, especially with IOC progressing with exploration, development, and monetization. Furthermore, the government has an agreement to evaluate and develop P'nyang, etc. over the next two years, and 10% ownership of OSH provides the government with influence but no control over OSH.