Papua New Guinea has granted a license to a state-owned company to develop a gas field, preferring to keep control and income from the resources within the government rather than giving a private foreign company the rights to develop the new project. The government of Papua New Guinea has given the rights to state-controlled Kumul Petroleum to develop the Pandora gas field, preferring the government-owned entity to private firm Twinza Oil, which is headquartered in Australia, Reuters reports. Apart from Twinza Oil, other international players in…
Hence then, the article about papua new guinea rejects private bid for new gas field was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Papua New Guinea Rejects Private Bid For New Gas Field )