Oil Search looking to raise $US750m for PNG Gas Project

OIL Search managing director Peter Botten has revealed plans to raise around $US750 million in debt financing to fund the company’s share of development costs for the $US2.5 billion ($A3.3 billion) PNG Gas project.

Oil Search looking to raise $US750m for PNG Gas Project Oil Search looking to raise $US750m for PNG Gas Project Oil Search looking to raise $US750m for PNG Gas Project Oil Search looking to raise $US750m for PNG Gas Project Oil Search looking to raise $US750m for PNG Gas Project

“The financing memorandum for the project was released to potential lenders and the initial feedback from them demonstrates a strong interest in providing highly competitive funding for this project,”

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