04-24-2015, 04:17 AM
(This post was last modified: 04-24-2015, 04:19 AM by Thylacine-2.)
All procedures for developing and selling the gas must gain the approval of the gas owner, PNG. IMO, PNG will be best served by developing projects one at a time, involving a number of operators, so no one operator, be it XOM, TOT, or anyone else, has too much power. Leaving IOC in the picture, meeting the requirements of the PNG government while monetizing and developing the gas, is to the long term benefit of PNG.