Eneos PNG's acquisition of Papua LNG stake triggers Papua New Guinea review
( November 7, 2025, 03:04 GMT | Official Statement) -- MLex Summary: Japanese-owned Eneos PNG is seeking clearance for its proposed internal restructuring with the Eneos Group, involving the acquisition of a 2.3 percent interest in the Papua LNG Project from Eneos Xplora Papua LNG. Both Eneos PNG and Eneos Australia are subsidiaries of Eneos Xplora Inc, incorporated in Japan, according to a statement by the Independent Consumer and Competition Commission. The mergers watchdog announced its review of the energy deal, saying the proposed acquisition exceeded the K50 million ($11.8 million) transaction value threshold for mandatory notifications and involved a target company with business operations in PNG.The application is attached; the full statement follows: ...
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