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Kumul gets advance payment from Chevron for PNG LNG cargoes

By LNG Prime Staff
Kumul gets advance payment from Chevron for PNG LNG cargoes
PNG LNG (Image: Santos)

Papua New Guinea’s national oil and gas company Kumul Petroleum has received an advance payment for PNG LNG cargoes from a unit of US energy giant Chevron. Kumul said in a statement it recently closed an agreement with Chevron USA (Singapore Branch) that will further Kumul’s goal of acquiring additional equity in the PNG LNG…

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