Prime Minister Marape announced this in a statement after negotiations between the SNT and ExxonMobil failed to reach an Agreement on the P'nyang LNG Project.
The Prime Minister stated his displeasure over ExxonMobil failing to migrate towards a mid-point which the State takes home a better deal, instead of terms similar to concession-based gas agreements PNG.
He said he is satisfied that the SNT has subscribed to the mandate bestowed upon Petroleum Minister, Kerenga Kua, and ExxonMobil has been told what their intentions are.