https://www.thenational.com.pg/kumul-petroleum-plans-to-grab-full...

https://www.thenational.com.pg/kumul-petroleum-plans-to-grab-full-rights-on-lng-projects/

"Sonk said the three major projects were moving towards final investment decision (Fid).
He said the Total-led Papua LNG was moving forward quickly with key terms agreed and gas agreement with State expected to be finalised within a month.
Sonk said ExxonMobil was finalising development plan for P’nyang gas field, with gas agreement to be finalised in second quarter this year. He said the front-end engineering and design (Feed) on both projects was expected in the second or third quarter this year.
“Both aim to put LNG in the market in the 2024 -25 window,” Sonk said."

Looks like we have to wait till the second quarter for the P'nyang sign off. Sure looks like it will be interesting for HZN if third party access is then confirmed. Development costs should very much reduced and makes the Osaka payment closer to reality rather than that of a dream.

If the oil price behaves then I smell a re-rate by mid year. Patience...