LNG

Oil Search does not rule out selling PNG LNG stakes

MACQUARIE Private Wealth has forecast that Oil Search might sell 3-5% of the PNG LNG project to help fund a possible third train, while Oil Search will not consider such a move at this stage.

Blair Price

Oil Search does not rule out selling PNG LNG stakes

In a note to clients, MPW scrutinised Oil Search's recent quarterly report and said the company's cash position of $US402 million at the end of June was lower than its forecast of $450 million. "At an...

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