Examples of PNG LNG in a sentence
As part of the Shareholders’ Agreement, five ‘A’ Class shares were issued by PNG LNG Inc.
On July 30, 2007, a Shareholders’ Agreement was signed between InterOil LNG Holdings Inc., Pacific LNG Operations Ltd., Merrill Lynch Commodities (Europe) Limited and PNG LNG Inc..
The PNG LNG Project has a well-developed program to manage both occupational health and safety of workers, as well as a community health and safety program.
After the completion of this transaction, Merrill Lynch did not retain any ownership or other interest in the PNG LNG project.
As noted under Note 2(c) above, on July 30, 2007, a Shareholders’ Agreement was signed between InterOil LNG Holdings Inc., Pacific LNG Operations Ltd., Merrill Lynch Commodities (Europe) Limited and PNG LNG Inc..
The signing of this Shareholders’ Agreement meant that PNG LNG Inc.
In accordance with the terms of the PNG LNG project financing, cash relating to the Group’s interest in undistributed cash flows from the PNG LNG project is required to be held in restricted bank accounts.
The goals, objectives, and principles of and the legal framework for, as well as the processes through which resettlement will be planned and implemented for all resettlements occasioned by the PNG LNG Project as a whole are set out in the Environmental and Social Management Plans.
As disclosed in Note 13 in the unaudited consolidated financial statements, a Shareholders Agreement was signed on July 30, 2007 which converted PNG LNG Inc.
Completed in 2014, PNG LNG produces LNG for export to global markets, as well as sales gas and gas liquids.