Santos Ltd has agreed to sell a 5% stake in PNG LNG to Papua New Guinea's state-owned Kumul Petroleum for $1.1 billion in a deal to be announced on Tuesday, the Australian Financial Review reported ...
SYDNEY, Dec 6 (Reuters) - Papua New Guinea's state-owned Kumul Petroleum is in talks with Australia's export credit agency to help fund a $1.1 billion acquisition of a 5% stake in the PNG LNG project ...