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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