papua guinea

  • Africa

    Total buys stake in Papua New Guinea bloc

      France’s Total (TOTF.PA) has agreed to buy a stake in InterOil’s (IOC.N) Papua New Guinea gas fields, which could include the construction of a liquefied natural gas (LNG) export plant in a deal worth up to $3.6 billion. Total will take a share of 61.3 percent in InterOil’s petroleum retention license 15, which includes the Elk and Antelope fields,…

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