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Oil Search grilled on the benefits to PNG land owners

May 12, 2018 - Australian Financial Review

Oil Search chairman Rick Lee has upped pressure on the Papua New Guinea government to hand out the benefits from the PNG LNG venture owed to local land owners in a bid to head off escalating resentment about the problem just before a targeted $US12 billion expansion.

Grilled by several local land owners and a pressure group at the annual shareholder meeting in Port Moresby, Mr Lee acknowledged growing "frustrations" about a lack of transparency on the fate of royalties paid to government f...