I’ve attachedextract from today’s PNG Post Courier which contains the transcript of WapuSonk’s presentation at the PNG Petroleum and Energy summit.
In the 4thcolumn, he notes Kumul Petroleum’s strong support for third party accessto the PNG LNG pipeline infrastructure; a desire to see stranded Western Province gas fields developed, and to see exploration resume as well.
PM O’Neill and Minister Pok in theirrespective presentations noted the Government’s requirement for third partyaccess to be made available under the PNG LNG expansion (and less relevant toHZN) Papua LNG.
It is looking very promising to me.
HZN Valuation, page-21
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