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Papua New Guinea Explores Potential of Petrochemical and LNG Industry
BANGALORE, INDIA--December 8, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Exploration and production firm Oil Search Limited (ASX:OSH) (Port Moresby, Papua New Guinea), has signed a memorandum of understanding with the government of Papua New Guinea, Mitsubishi Gas Chemical Company Incorporated (TYO:4182) (Chiyoda, Tokyo) and Itochu Australia Limited, a wholly owned subsidiary of Itochu Corporation (OTC:ITOCY) (Minato, Tokyo), to update a study on the viability of developing a petrochemical project in Papua New Guinea.
Other companies featured: ExxonMobil Corporation (NYSE:XOM), Nippon Oil Corporation (TYO:5001), Santos Limited (NASDAQ:STOSY), AGL Energy Limited (ASX:AGK), Sasol Limited (NYSE:SSL), Eni S.p.A (NYSE:E), Horizon Oil Limited (ASX:HZN), Interoil Corporation (TSX:IOL)
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Industry Segment: Production
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