News: OSH Papua New Guinea Says Santos-Oil Search Deal Could Deliver Higher Value To Its Projects

Aug 5 (Reuters) - Office of Papua New Guinea Prime Minister:

• AWARE OF SANTOS AND OIL SEARCH LIMITED PROPOSED MERGER
• ALSO NOTED THE RECENT BOARD AND MANAGEMENT CHANGES AT THE OIL SEARCH
• "ANY PROPOSED MERGER MUST SATISFY THE NATIONAL INTEREST TEST"
• GOVERNMENT’S TOP PRIORITY IS TO ENSURE PROJECTS LIKE PAPUA LNG, PASCA A AND PN’YANG ARE PROGRESSED AS SOON AS POSSIBLE
• "STRONGLY RECOGNISE MERGER OF THESE TWO IMPORTANT LICENSE PLAYERS IN THE MARKET CAN DELIVER HIGHER CAPACITY & VALUE TO OUR PROJECTS"

Source text: https://bit.ly/3xsHtA9

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