TUESDAY 23rd JUNE 2009
LOCAL STOCKS
Trading on the local bourse was relatively slow on Monday seeing most of the securities closing unchanged. BSP continued to maintain at K0.78;
PNG NEWS
The ExxonMobil-led Papua New Guinea liquefied natural gas (PNG LNG) joint venture is set to finalise sales deals for all remaining production from the $US12.5 billion ($A15.6 billion) project that was not covered by a maiden deal in April.
Oil Search managing director Peter Botten said it was "a major achievement", underscoring the project's likelihood of delivering first gas in 2013/14 and building momentum for a final investment decision (FID) in late 2009.
MOVERS
There weren’t any major movers for Monday. 22/06/09:
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