5 Mar 2008

InterOil in Papua New Guinea welcomes appointment of Bechtel Limited

11:21 am on 5 March 2008

The president, Bill Jasper of InterOil , has welcomed the appointment of Bechtel Limited to spearhead construction of the multi-billion-kina Liquid Niugini Gas project in PNG.

The project involves construction of a pipeline from InterOil's Elk drilling site to Port Moresby and the building of a hi-tech gas processing plant on a site adjacent to the company's refinery in Port Moresby.

Mr Jasper described the LNG operation as having a range of benefits for the nation.

The Post Courier reports the foundation partners in Liquid Niugini Gas are InterOil Corporation, Merrill Lynch Commodities and Pacific LNG Operations Ltd.