OPERATIONS

PNG government takes 50% of historic Pasca A project

50 year old Pasca could finally be on the road to development

Papua New Guinea state-owned entity Mineral Resources Development Company (MRDC) is acquiring a 50% stake in the large Pasca A gas field off the PNG coast. Image courtesy of MRDC.

Papua New Guinea state-owned entity Mineral Resources Development Company (MRDC) is acquiring a 50% stake in the large Pasca A gas field off the PNG coast. After 50 years, the liquids-rich gas field...

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