2 May 2024
PNG LNG in no rush to sign term contracts while it rides spot price wave
Publication date: 14 November 2017
Gas Strategies Group
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ISSN: 0964-8496
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Partners in Papua New Guinea’s sole operational LNG plant are reaping the benefits of higher-than-expected production and strong spot prices, and are relaxed about committing to term contracts.
Australia-listed Oil Search, which owns 29% of the 6.9 mtpa PNG LNG plant, said it is ...