Kumul Petroleum outlines NEC-approved funding plan for the State’s Papua LNG equity
Kumul Petroleum Holdings Limited (KPHL) has outlined how it will fund the State’s 22.5% equity participation in the Papua LNG Project under the US$1.1 billion (about K4.4 billion) funding plan approved by the National Executive Council (NEC Decision No. 235/2026 ). The plan combines domestic bank borrowing with cash flow from KPHL’s existing interest in…