Wednesday, March 21, 2012

Kavo wants answers on Gulf LNG

GULF Governor Havila Kavo has called on the Minister for Petroleum and Energy William Duma not to mess up the Gulf liquefied natural gas (LNG) project like he did to the Southern Highlands PNG LNG project, The National reports.
  Kavo asked the minister in parliament to explain why he had continued to insist that Shell would operate the second LNG project in the Gulf of Papua.
However, Duma said he had no personal interest in the project and had not misled the people.
He said he wanted to deliver a world-class project and did not want the project to be operated by small companies with no reputation as major industry players globally.
Duma said he only wanted to encourage reputable world-class developers to operate a joint venture with InterOil.
He said since 2009 when the LNG project agreement was signed, InterOil had failed to contract a reputable and major player like ExxonMobil.
He said he had gone out of the country to sell PNG and encourage investors and Shell, a world’s oil and gas player, was interested to invest in the country.
“We need to encourage internationally competent and reputable companies to come and invest in the country,” Duma said.

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