This potential covers any exploration, appraisal, and developments, within the next few years.
During the Prime Ministers Breakfast in Port Moresby on Thursday, Oil Search Managing Director, Peter Botten, said the potential investment will create 20,000 new jobs and significant economic spin off benefits.
PNG is in a tremendous position to expand LNG production. There’s more discovered proven, probable gas reserves now than before PNG LNG’s first initial sanction,” Botten said.
