Papua New Guinea government, partners sign LNG agreement

Total SA along with joint venture partners ExxonMobil Corp. and Oil Search Ltd. have signed a gas agreement with the government of Papua New Guinea that defines the fiscal framework for the Papua LNG project (Elk-Antelope field development) in the country’s Eastern Highlands. This follows the memorandum of understanding signed by the parties for development of the Elk-Antelope fields in mid-November 2018.


Source: News