Pipeline costs blow-out to $A5.3b: Avei

CAPITAL costs for the Australian section of the PNG pipeline have ballooned out to $A5.3 billion, according to PNG Petroleum and Energy Minister Sir Moi Avei.

Pipeline costs blow-out to $A5.3b: Avei Pipeline costs blow-out to $A5.3b: Avei Pipeline costs blow-out to $A5.3b: Avei Pipeline costs blow-out to $A5.3b: Avei Pipeline costs blow-out to $A5.3b: Avei

Avei, who met with project participants in Sydney last Friday, said in a media statement he had been advised by the Australian Gas Light Company and Malaysia’s Petronas – 50:50 partners in the project

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