Saudi Arabia - joining the dots

A series of blog entries exploring Saudi Arabia's role in the oil markets with a brief look at the history of the royal family and politics that dictate and influence the Kingdom's oil policy

Showing posts with label PNG. Show all posts
Showing posts with label PNG. Show all posts

Thursday, 15 August 2019

PNG seeks to renegotiate Papua LNG

The PNG Minister for Petroleum issues the below release on re-opening the Papua LNG terms for negotiation. PRESS RELEASE STATE TEAM HEADING OUT TO RE-NEGOTIATE WITH TOTAL The National Executive Council has authorized a State Negotiating Team (SNT) lead by the Minister for Petroleum, Kerenga Kua, to head off to Singapore to seek to re-negotiate the terms of the Papua LNG Gas Agreement previously signed on 19 April 2019. The SNT left today 15 August for Singapore. The Papua Gas Agreement was signed by the previous O'Neill led Government inside...