Political disarray in Papua New Guinea rocks Oil Search shares

FILE PHOTO: Papua New Guinea's then Prime Minister Peter O'Neill makes an address to the Lowy Institute in Sydney, Australia November 29, 2012. REUTERS/Tim Wimborne/File Photo

SYDNEY/MELBOURNE (Reuters) – Political turmoil in Papua New Guinea threatened to delay a $13 billion plan to double the country’s gas exports, sending shares in one of the project’s partners, Oil Search Ltd, down nearly 4% on Monday. PNG Prime Minister Peter O’Neill said on Sunday he would resign after weeks of high-level defections from […]

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