OSH 2.96% $3.82 oil search limited

osh..png newspaper article

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    PM confirms Government support for gas project

    PRIME Minister Sir Michael Somare last week confirmed the National Government's support for the PNG Gas Pipeline Project to Australia.
    Sir Michael said this during a meeting with ExxonMobil's vice president for Exploration in South East Asia, Bill Threlfall.
    Mr Threlfall, who is based in Houston Texas, called in last week to brief the Prime Minister and the Government on the latest status of the PNG Gas Project.
    Mr Threlfall, accompanied by the Minister for Petroleum & Energy, Sir Moi Avei, is equally confident the project will go ahead with the backing of the Somare/Marat Government.
    Other partners in the gas project are Oil Search Limited, Chevron Texaco, JPP, Mineral Resources Development Company and the Government of PNG.

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