Papua LNG decision ‘close’
The Papua New Guinea Parliament passed laws regarding the Papua Liquefied Natural Gas project, valued at 14.5 billion US dollars. Anthony Smaré of the PNG Chamber of Resources and Energy stated these laws were certified on Friday. He indicated that a final investment decision is now close to certain. The country should prepare for the longest period of major project construction in its history.
Laws passed by Papua New Guinea Parliament relating to the US$14.5 billion (about K65 billion) Papua Liquefied Natural Gas (LNG) project were certified on Friday, says PNG Chamber of Resources and Energy (PNG Core) President Anthony Smaré. PNG Investment Week Convenor Smaré said a final investment decision (FID) was now close to certain and PNG should prepare for the longest run of major project construction in its history. To access this post, you must purchase Web , Web – One-Day , Web – 14-Day , Web – One-Month , Web – Three-Month , Web – Six-Month , Web – Annual , Web & eBook , Web & eBook – One-Day , Web & eBook – 14-Day , Web & eBook – One-Month , Web & eBook – Three-Month , Web & eBook – Six-Month or Web & eBook – Annual . The post Papua LNG decision ‘close’ appeared first on Post Courier .