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  1. 867 Posts.
    Good news about the Japanese looking at the feasibility of a methanol plant in PNG... I assume they will be sourcing natural gas from OSH/Exxon etc.

    I'm also intrigued by other domestic PNG options eg will the new InterOil refinery need gas from OSH to run it and excuse my ignorance but is there a positive side benefit to having a local oil refinery in PNG as far as OSH's oil is concerned? I dont know.

    While their oil production is expected to increase over the next two years, I'd be more comfortable if they found some more to counter the natural decline in the Kutubu and Gobe fields. I also like their attempt to diversify out of PNG to safer places like um Yemen (go figure).....

    Sook

 
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