Sunday, October 03, 2010

InterOil eyes exclusively Gulf operations

Lamaika youth dancers from Mei'i and Uaripi villages of Tairuma Bay, Kerema, Gulf
Province, performing at the opening of InterOil's Kerema office last Thursday
INTEROIL Corporation is moving to make final decision on location of its condensate stripping plant and its liquefied natural gas facility in Gulf Province.
Gulf governor Havila Kavo gave the strongest indication yet, last Thursday, of InterOil’s intention to operate exclusively from Gulf province without pulling a liquid gas carrier pipeline all the way from Gulf to InterOil’s Napa Napa facility inside Port Moresby harbour.
 The indication was that InterOil was now more committed to developing, processing and marketing the condensate and liquified natural gas products directly from Gulf Province, he said.
Governor Kavo said he had been briefed by the company of its intentions.
He was speaking at a public celebration of the formal opening of InterOil’s Gulf province office.
InterOil's new Kerema office
Rundown Kerema town became a hive of colourful activity last Thursday as townsfolk and nearby villagers celebrated the event hailed as a show of sincerity by InterOil of its development plans.
Governor Kavo used the occasion to indicate that he was pleased InterOil was moving to develop its gas condensate stripping plant (CSP) and its liquefied natural gas (LNG) facility exclusively in Gulf province.
Governor Kavo said he was encouraged by InterOil’s cautionary approach to ensuring that issues pertaining to project impacted and affected area landowners were exhaustively and amicably dealt with as matters of priority to ensure harmonious development of the CSP and LNG facility.
InterOil’s community affairs general manager Geoff Hiatt said the company was seriously looking at its Gulf province project development options and a definite announcement will be made in the coming weeks of how the company will position its development options.
InterOil community affairs general manager Geoff Hiatt and Governor Havila Kavo cutting the ribbon to open InterOil’s Kerema office last Thursday
InterOil’s media and public affairs manager Susuve Laumaea described the office opening as symbolic of InterOil’s commitment to establish the company as “long haul” partner in driving Gulf province’s overall socio-economic development initially on the back of the company’s vast Elk and Antelope natural gas discoveries. Delivering a message on behalf of the company’s top management Mr Laumaea said InterOil was committed to “walking hand-in-hand” with the government and people of Gulf in a spirit of goodwill, unity and cooperation.
He said it was the company’s desire to use the Elk and Antelope prospects as catalyst to gainfully drive the province’s long time development.
Senior InterOil officials, Department of Petroleum and Energy representatives, government gas liaison officers and Gulf governor Havila Kavo joined Gulf province administration officials, public servants, town residents and nearby Karaeta, Siviri, Mei’I, Uaripi, Petoe and Luritera villagers to celebrate the event.
The InterOil team from left: Ray Weber, Fred Airi, Geoff Hiatt, Maurice Peremai and Susuve Laumaea outside the newly opened InterOil office in Kerema last Thursday

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