Photo Credit: Twinza Oil
According to country manager Roppe Uyassi, Twinza Oil Ltd would not sign the non-disclosure agreement in the manner supplied by the government.
He was reacting to Prime Minister James Marape's recent comment that he was dissatisfied and had "ran out of patience" with the way the business was handling the finalization of the Pasca A gas accord.
Twinza is the owner and operator of the Pasca A gas project, 95 kilometres off the coast of the Gulf.
“I am running short of patience,” Marape said last week.
“Sometimes they (Twinza) have a funny habit of going to the media first before sitting down with the State Negotiating Team (SNT).
“I can go to the petroleum advisory board next week if they (Twinza) keep us running around like this.
“I want Twinza to get it correct: if they’re serious about this project, the SNT is ready at any time.
“One of the Twinza guys should jump on a plane, get into Port Moresby, and talk to us face-to-face if they feel that their local executives don’t have the mandate to make final calls.”
During a recent Parliament session, Petroleum Minister Kerenga Kua stated that the SNT and Twinza will sign a non-disclosure agreement that would remain confidential until the gas agreement was inked.
Uyassi, on the other hand, said they were waiting for SNT to start writing the gas deal.
“We have informed the minister and the SNT that we are not able to sign the non-disclosure agreement in the form sent by the State Solicitor.
“If both parties engage in good faith with mutual cooperation, the drafting should be a matter of days.
“So a non-disclosure agreement is a distraction.”
Reference: Mauludu, Shirley. The National (30 August 2021). “Twinza not signing deal: Exec”.
