This is to negotiate a gas agreement for the Papua LNG Project.
The signing took place this morning in Port Moresby before the opening of the APEC CEO Summit.
Present at the signing was Prime Minster Peter O’Neill, ExxonMobil PNG Managing Director, Andrew Barry, Oil Search Limited MD, Peter Botten and Total Chairman and CEO, Patrick Pouyanné.
The MOU signed today is another step closer to the realisation of the Papua LNG Project in the Gulf Province.