Repsol inherited its position in PNG through its acquisition of Talisman Energy, which had built up a gas resource in PNG’s Western Province of several trillion cubic feet.
Talisman had already set out a tentative vision for PNG that centred on LNG.
Repsol’s manager for developments and operations Mike Fox said at the PNG Advantage conference in Brisbane that Repsol’s level of commitment to PNG had been questioned since its acquisition of Talisman.
However,
