Pacific LNG Operations, an investor in the Liquid Niugini LNG project in Papua New Guinea (PNG), says more heads of agreements (HOAs) will be inked with buyers in the next few months for the proposed 5 million ton per year project, which will consist of both onshore and offshore plants. Henry Aldorf, president of Pacific LNG, told delegates at the LNG World conference in Perth, Australia last week that he expects an additional two or three buyers to sign up for the remaining 2.5 million tons/yr in volumes.
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