PNG - AUSTRALIA GAS PIPELINE TO OPEN IN 2002

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PORT MORESBY, Papua New Guinea (April 15, 1999 - Radio Australia)---The long planned gas pipeline between Papua New Guinea and the northern Australian state of Queensland now is scheduled to open early in 2002.

Gas companies Chevron, Exxon and Oilsearch have signed an agreement covering the supply of gas to the pipeline from their fields in Papua New Guinea.

AGL will build and operate the pipeline in partnership with another company.

Spokesman Michael Fraser said now that a gas supply has been secured, work can begin on signing customers.

An intensive marketing campaign will be carried out to secure customers, he said..

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