Oil Search MD Botten Says Papua LNG Deal Offers 'Equitable Split'

The transcript discusses the PNG LNG projects, highlighting the success and challenges of the first phase and the new agreements for the second phase. It covers the government's focus on ensuring more local benefits, including domestic market obligations and industry development. The discussion also touches on the global LNG market outlook, potential oversupply, and the importance of planning for future demand.

What are the concerns regarding domestic consumption of LNG?

What is the outlook for LNG demand in the short to mid-term?

What factors could lead to an oversupply of LNG in the future?