PNG opens doors to LNG investment

The warm glow from the outstanding success of the US$19 billion ExxonMobil-led PNG LNG project has dulled slightly due to the oil price collapse, but the government is promoting the country’s credentials as one that can host and achieve world-class resource projects.

At a recent investor conference, Prime Minister Peter O’Neill said the PNG LNG project was “not the end of the LNG story in Papua New Guinea”.

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