Really?
FatProphets says this:
"Oil Search ended 2009 in a strong financial position with US$1.29Bn in cash. In addition the company has a US$362.5M revolving facility which is undrawn. From its cash reserves and credit facilities the company is fully funded for its share of equity for the PNG LNG Project of US$1.3Bn."
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- Ann: PNG LNG Project Financial Close
Ann: PNG LNG Project Financial Close , page-7
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