InterOil Corporation and Pacific LNG Operations have signed an agreement with Noble Clean Fuels to supply LNG from the Gulf LNG project in Papua New Guinea.
Under the terms of the agreement, one million tonnes of LNG per year will be supplied over a period of ten years.
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The Gulf LNG project includes the Elk and Antelope gas fields and Liquid Niugini Gas, the InterOil and Pacific LNG joint venture, with modular LNG plants contracted with Energy World.
It also consists of a fixed floating LNG facility being developed with Flex LNG and Samsung Heavy Industries.
InterOil and Pacific LNG will complete negotiations and execute binding agreements with Noble Clean Fuels this year, and will start work in 2014.
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By GlobalData
