Oil Search pins hopes on Papua New Guinea LNG project

OIL SEARCH says a third processing train of liquefied natural gas at its $US15 billion ($16.7 billion) Papua New Guinea project could supply gas by as early as 2015, with a potential fourth train to follow shortly afterwards.

Arrow hopes buyout will push LNG project ahead

ARROW ENERGY is aiming to grab control of a liquefied natural gas project by buying out the share of its joint-venture partner, LNG Ltd, for $51 million.