PNG LNG project revenue

Advisors and consultants are major beneficiaries of LNG project: O’Neill

O’Neill revealed this today at Parliament during Question Time with a question from Sinasina Yongumgl MP Kerenga Kua.

Kua was asking about how secure the country’s economy from the PNG LNG project revenue was as mentioned by Finance Minister James Marape in the previous parliament session in 2015.

“Minister for Finance James Marape has assured the parliament that the gas price was locked in a foreword sales gas marketing agreement and that any decline in prices will not impact the revenue,” he said.