Never too late. No body knows the future.
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The way Oil Search has aligned the deal (29% stake in Papua LNG and 29% in PNG LNG) to me it is just matter of time before a Take Over for Oil Search Emerge. May be 50-50% Basis from Total and Exxon Mobil or alternatively Woodside buys Oil Search all together and gets 29% stake.
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PNG LNG is a Highly Profitable project even in current market. FeedStock costs are too low, High Density Gas Field and Low Labor cost, too lucrative for big boys.
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Locked out of PNG, page-37
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