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ExxonMobil's offer for InterOil a model for buying at the bottom
#8

'ArtM72' pid='74225' datel Wrote:

'katytrader' pid='74221' datel Wrote:

The  PNG government wants/needs BOTH lng projects.

I thought that too, but now am wondering if the government isn't far more interested in getting construction moving on the CSP in Gulf and units 3&4 than who does it.

I think that the government would want train 3 AND the Papua LNG project to go forward.  For the government, TOT's presence is a trophy in the economic development showcase.  Having 2 supermajors hustling to sell the country's lng into Asian markets surely must be seen as better than simply becoming an XOM client state.

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RE: ExxonMobil's offer for InterOil a model for buying at the bottom - by katytrader - 07-20-2016, 12:19 AM

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