InterOil (IOC) says Papua New Guinea's national executive council approved the company's...

|About: InterOil Corporation (IOC)|By:, SA News Editor

InterOil (IOC) says Papua New Guinea's national executive council approved the company's liquefied natural gas development project in the country, clearing the way to proceed with plans for an LNG plant in the Gulf Province with initial output of at least 3.8M metric tons/year. IOC +4.2% premarket.