Power Purchase Agreement

PPL Terminates Power Deal

In a statement, Oil Search says it received a letter from PNG Power Limited (PPL) and is engaging with all key stakeholders, including Markham Landowners and Development Partners to Assess the potential impact of a cancelled PPA.

Oil Search Country Manager, Leon Buskens said it is important that they find a solution to bring the project’s low-cost reliable energy onto the Ramu Grid.

“We intend to work with PPL to find a resolution to move forward together. We are ready to build the power plant and solar farm.