Exxon's (XOM) move to invest in InterOil's (IOC) natural gas assets in Papua New Guinea has...

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

Exxon's (XOM) move to invest in InterOil's (IOC) natural gas assets in Papua New Guinea has sparked concerns Oil Search (OISHF.PK) and Santos (STOSF.PK) will be left behind, but Macquarie’s Adrian Wood says the Australian partners shouldn't worry. He thinks they'll benefit from XOM’s PNG LNG gas export project regardless of whose gas is fed through it.