The central government on December 19 signed a gas agreement with developer Twinza Oil limited and other stakeholders in a landmark deal with Port Moresby acquiring 70% stake in the project. The 70% stake includes royalties, taxes and other levies when production starts. The project is set to create 300 construction and 500 permanent jobs...

Unlock this article with Premium. To access all premium content, contact us at [email protected]
Already a member? Log in here