Kumul Petroleum moves to commercialise more gas fields All the fields have significant exploration histories. In the case of Pandora, estimated to contain one trillion cubic feet of gas, it has passed through several hands over the years.‘We see ourselves as the right partner in between all the parties to encourage aggregation and development.’
‘The goal is to consolidate these isolated and economically challenging assets, previously held by different owners, and move toward commercialising fields,’ Wapu Sonk, Kumul Petroleum Holdings’ (KPHL) Managing Director, tells Business Advantage PNG.
‘We will be looking to invite joint venture partners and technical service providers with the necessary technical and financial capabilities to assist in the development of these gas fields
Kumul Petroleum moves to commercialise more gas fields in Papua New Guinea - Business Advantage PNG