Papua New Guinea prospects for LNG output boosted by uplift in reserves
Tuesday, 28 February 2017
Our Asia-Pacific editor
Oil Search, a stakeholder in the Papua New Guinea LNG plant and the joint venture planning its expansion, saw its annual revenues plunge because of oil prices, though its medium-term outlook was boosted by the “substantial uplift” in the natural gas resources for additional LNG production in the Oceania nation.
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