This helps to give direction on funding for PNGLNG project:
http://www.tradingmarkets.com/.site/news/Stock%20News/2730092/
Dec 16, 2009 (The Age - ABIX via COMTEX) -- OISHY | Quote | Chart | News | PowerRating -- ExxonMobil, Oil Search and Santos as the lead partners in the new major LNG project in Papua New Guinea have secured almost all of the necessary financing. Lenders have promised a total of $US14bn ($A15.4bn) for the development, which the companies gave the green light to earlier in December 2009 and which should deliver its first output by 2014. Offtake agreements have been struck or are about to with buyers in Asia. On 16 December Oil Search stock closed $A0.17 higher at $A5.69, while Santos was up $A0.26 to $A13.87.
SLE
This helps to give direction on funding for PNGLNG...
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