Repsol sells PNG interests

A map of the Western LNG development.

A map of the Western LNG development.

Repsol will sell its shares in its assets in Papua New Guinea to Balang International Pte. Ltd, part of the China Changcheng Natural Gas Power Group.

This will include Repsol’s 40 per cent interest in the Elevala/Ketu and Stanley fields, which are the foundation fields for the standalone gas aggregation project, Western LNG.

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