Schnaubelt made the announcement at the launch of another Belhat Development Project at Pulmalum in Konoagil Local Level Government (LLG) recently.
He said an exploration company called Peak, carried out some work and discovered oil and gas that is five times bigger than that in Hides.
“It could be one of the biggest reserve in the world and the size of the oil and gas starts at Nambuto in Namatanai LLG and ends in Point Simun in Lihir Island.
“We have a chance to expand the development in the district if this exploration is confirmed.
