News Detail

<p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">MoPNG has directed Under Secretary, International Corporation Division to refer to Ministry of External Affairs on the Opportunities for Indian&nbsp;Companies&nbsp;in&nbsp;the&nbsp;Gulf LNG Project in Papua New Guinea and to inform that a consortium of OVL and PLL is already in touch with InterOil for participation in development of ELK and Antelope gas fields in Papua New Guinea (PNG). A meeting was held between PLL and InterOil officials in the month of September, 2013 and the Indian side expressed interest to Petro Min PNG Holdings Ltd., a Govt. of PNG nominee Company in the Block, for the off-take of 22.5% of the gas in the said region.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Source: SNP Infra Research</span></span></span></p>