STO News: UPDATE 1-Santos signs agreement with Papua New Guinea, Exxon to develop gas project - 22nd Feb 2022, 2:17pm

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(Adds Santos comment, background)

MELBOURNE, Feb 22 (Reuters) - The Papua New Guinea government, Exxon Mobil Corp and its partners have signed an agreement clearing the way for the development of the P'nyang gas field, ending years of uncertainty over the project.

"The signing of the gas agreement marks a major milestone for the project, setting out the fiscal framework and supporting project scoping and evaluation," Santos Ltd, one of the project partners, said in a statement.

Gas from P'nya...

>>> Read more: UPDATE 1-Santos signs agreement with Papua New Guinea, Exxon to develop gas project
 
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