KPHL explains funding for State’s US$1.1 billion Papua LNG stake
Kumul Petroleum Holdings Limited [KPHL] says the State’s US$1.1 billion investment in the Papua LNG Project will be funded through domestic borrowing and revenue from its existing PNG LNG investment, without direct funding from the National Budget. KPHL Chairman Ambassador Isaac Lupari said the funding covers the State’s 22.5 per cent equity stake in Papua […]






