Gas Resources PNGLNG

MRDC: Community Project Vital

During the payment announcement in Benaria, last Saturday, MRDC’s Managing Director Augustine Mano says once the payment, totally K3.76 million is paid tomorrow to the 174 beneficiary clans, for Segment 2 and 3 the PNGLNG Pipeline license No.4 (PL4). The next task is to look at investing in community infrastructure projects in the area.

The combined dividend and equity payments are from the 40 per cent of total royalty and equity benefits.