InterOil finalises PNG LNG deal

INTEROIL'S liquefied natural gas project in PNG has taken a "major step forward" in its development with the finalisation of the shareholder agreement with Merrill Lynch and Clarion Finance.

InterOil finalises PNG LNG deal InterOil finalises PNG LNG deal InterOil finalises PNG LNG deal InterOil finalises PNG LNG deal InterOil finalises PNG LNG deal

The joint venture partners will each own a one-third stake in PNG LNG, a holding company for Liquid Niugini Gas, the PNG-based entity that will own and operate the LNG facility.

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