Oil Search to still concentrate on Papua New Guinea gas project

Dec 18, 2002 01:00 AM

Australia's Oil Search LTD said it would still concentrate on the Papua New Guinea Gas Project even though AGL has revealed it is unlikely to require PNG gas from 2006.
Oil Search said the Project Group had been encouraged by the expanded market potential for PNG Gas in northern Australia since it became apparent that a major gas supply source from the Timor Sea was not viable.

Source: Neftegaz.RU
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