Gunvor Supply Deal Raises Hopes For Gulf LNG FID

Papua New Guinea (PNG)'s Gulf LNG facility has taken a big step towards a final investment decision (FID) after the signing of a heads of agreement (HoA) with Gunvor for the supply of LNG from the plant. However, further supply agreements are likely to be required if the project is to be commercially viable and we do not, therefore, anticipate a FID before year-end.

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