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Chinese company joins Papua New Guinea LNG project.
Text of report by Papua New Guinea Post-Courier website on 17 April
A Chinese state oil and gas company has joined Papua New Guinea's second liquefied natural gas (LNG) project. China National Offshore Oil Corporation (CNOOC) on Wednesday [15 April] signed heads of agreement in Beijing with joint venture partners InterOil Corporation and Petromin PNG Holdings Ltd.
The agreement followed official talks between the Chinese Premier Wen Jiabao and PNG Prime Minister Sir Michael Somare. The two leaders witnessed the signing, which is viewed as one of the major achievements of Sir Michael's official visit to China.
Project leader InterOil and the …
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