Exxon making moves on Papua New Guinea

July 18, 2016 10:14 AM

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Exxon making moves on Papua New Guinea

Asian Development Bank warned gains from gas in PNG may be short-lived.

MELBOURNE, July 18 (UPI) -- Exxon Mobil made a "superior" offer for an acquisition of assets including natural gas deposits in Papua New Guinea, InterOil Corp. announced Monday.

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