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Growing Petromin into a Petronas with Shell's Help
#11
This article was height of election season. Post the 180 day cancellation notice of the IOC PA. Duma running for PM. Petromin setting the table for PNG resource expropriation under the guise of ST investor pain vs. LT gain for PNG. Recall the Brian Chan talk of reneging on resource agreements and putting all resource rights back into landowner hands. Petromin was setting the political table for the post-election grab. Remember how confident bonkie boy was of O'Neill demise?
Guess there was mucho riding on the return of O'Neill as a rule of law PM.
Petromin has been a source of crony capitalism and bribes and mis-information.
That mis-info was fed directly into some posters on this MB and YaZoo. They have worked overtime to keep their units out of the soup pot. Even scaring many rock ribbed longs along the way. No names. Evidence is there.
It is known Petromin is corrupt and it is being dismantled. Duma will be the politician to be the face of Petromin destruction as his efforts made that a necessity.
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#12
Well actually the $100 million motivated more than 1 person on PNG.
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