Oil Search Limited states in its 2018 First Quarter Report that following FEED completion, discussions took place between government and lenders on potential financing arrangements.
The project, located in the Markham Valley, Morobe Province, is a long-term renewable energy initiative which uses wood chips from trees sustainably grown and harvested in surrounding plantations, to fuel a biomass power plant to provide up to 30 Megawatt (MW) into the Ramu grid.
