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oil and gas, Papua New Guinea

Interoil: We will deliver LNG project

Interoil says it will deliver a ‘world-class’ Gulf LNG project in compliance with its agreement with the Papua New Guinea government, despite this week’s halt to the project.

The National newspaper reports InterOil chairman Phil Mulacek as saying the company has met PNG’s Petrolum Minister to discuss the government’s concerns.

“We continue to be working together on the clarification of issues for the project execution, raised by the minister,’’ he said in a statement.

“As a company with a long history and all of its operations and business in PNG, InterOil hopes that these actions, together with the recent period of substantial change in PNG’s national government, do not undermine PNG’s status as a favourable country for foreign investment and international business


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About Samantha Magick

Journalist and editor

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