Ann: PNG Mining & Petroleum Conference presentation, page-5

Yep jo same here. I see that internal Japanese gas prices are rather like our own, much higher than the export price. Our PNG neighbours and fellow explorers Kina have seized on this noting that LNG Japan/Korea is up 9.5 per cent for the month and 23.4 per cent for the year to date. Osaka is a major gas supplier to Japan so economies of vertical integration (company owns the production and sales) could make PNG production of LNG more attractive. And with it, as you mention arsenic, the juicy payment we are due on FID.