26 Mar 2009

Interoil appoints two international lending institutions to its PNG project

12:08 pm on 26 March 2009

Interoil's appointment of two international banks as joint financial advisers to its project in PNG has been lauded by Petromin PNG Holdings Ltd.

As partner in the project, Petromin was pleased to note that BNP Paribas Capital Singapore Ltd and ABN AMRO Corporate Finance Australia Ltd had been appointed.

Petromin managing director, Joshua Kalinoe, told the National newspaper the appointment progressed the pre-FEED work that InterOil and its partners are currently working on to meet the start-up timeline for the second LNG project.