Png Papua Gas Agreement

It also increases the financial burden for private stakeholders. The P`nyang gas deal must be sealed before a complex pre-flow process can be launched for a larger liquefaction project, Papua`s $13 billion LNG, led by Total, but also ExxonMobil and others targeting fid and 2024 this year. Shares of Oil Search, which have fallen in the past three months due to uncertainty surrounding gas deals, closed 2.1% higher shortly.. Read More

Penalty Clause In Shareholders Agreement

However, an important difference to be taken into account in the examination of the forced transfer provisions is that their application is not effective in the event of an infringement, but rather in the occurrence of a particular fact, i.e. of a manager who is no longer employed by the exhibitor company (for whatever reason). It cannot be inferred from this that the main purpose of the provision is.. Read More