This follows recent press coverage on DPE Acting Secretary, Kepsie Puiye, stressing ‘overwhelming evidence’ that the PNG LNG had the potential to expand.
Puiye has been reported saying here is possibility of a third new LNG with the second LNG, Papua LNG having a potential gas reserves of 6-7TCF (trillion cubic feet) set to begin.
Similar discussions have also been made by Oil Search Managing Director, Peter Botten, and Kumul Petroleum Holdings (KCH) Managing Director, Wapu Sonk, on the reserve of oil and gas in the country recently.
