Study shows PNG would have been better off if massive ExxonMobil-led project had never happened

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The massive ExxonMobil-led liquid natural gas project in Papua New Guinea, backed by a $500m Australian government loan, has failed to deliver on a promised economic boom for the country a new report has found.

The PNG people would have been better off if the project had never happened, according to the analysis, commissioned by research group Jubilee Australia.

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Read More Australian-backed gas project fails to deliver PNG economic boom – report

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