Oil & Gas Investor, November 1st, 2005
The Woodlands, Texas-based InterOil Corp. has made a growing energy business for itself in Papua New Guinea, from exploration to refining. Offshore northwestern Australia, Papua New Guinea (PNG) is a country that has vast natural resources-hydrocarbons and many others-most of which have yet to be tapped. While the government recognizes the importance of prudent economic diversification, the energy sector is viewed as an important driver for growing the economy and boosting standards of living. This burgeoning opportunity is presently in the hands of The Woodlands, Texas- and Cairns, Australi...
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