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O’Neill Warns Against US$3 Billion PNG Papua LNG Concessions
Summary by One Papua New Guinea
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O’Neill Warns Against US$3 Billion PNG Papua LNG Concessions
Papua New Guinea former Prime Minister Peter O'Neill has raised alarm over what he describes as unacceptable concessions reportedly being considered by the government in negotiations over the Papua LNG project.In a statement issued yesterday, O’Neill said PNG must not negotiate against its own interests, warning that talk of US$3 billion (K12 billion) in concessions to developers could come at a heavy cost to the country. O’Neill Warns Against U…
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