LNG (LIQUIFIED NATURAL GAS)

Talisman flags desire for major expansion in PNG

TALISMAN Energy has signalled to the PNG Petroleum seminar yesterday that it intends to become a significant player in Papua New Guinea and has played down the use of floating liquefied natural gas to monetise its gas.

This posture represents a big change of heart from just over a year ago when the Canada-headquartered company with a market capitalisation of $US19 billion sought to make an exit from PNG, according to...

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