PNG

PNG LNG overcomes 'difficult' market

THE ExxonMobil-led PNG LNG joint venture has "traded well in a difficult market", according to Macquarie Private Wealth, which maintains an outperform rating on key PNG LNG partner Oil Search.

PNG LNG overcomes 'difficult' market

While the Papua New Guinea-focused oil and gas producer's June quarter sales volumes of 3.22 million barrels of oil equivalent were considered in line with MPW's forecasts, its analysts said Oil Search's...

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