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Ann: Papua LNG JV signs MoU with PNG Government, page-3

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  1. 6,083 Posts.
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    disappointing. The market was hoping for a signed agreement but only got an MOU.
    Meanwhile, the PNG Govt are trying to grab PDL 10 (Repsol and Horizon Oil) which speaks to a very harsh approach to new developments. Sovereign risk is growing in PNG imo.
 
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