Hewson to join board of PNG miner Larus

Former opposition leader John Hewson will join the board of oil and gas explorer Larus Energy. Source: AAP

FORMER opposition leader John Hewson will join the board of oil and gas explorer Larus Energy as a non-executive director.

Dr Hewson will join the Papua New Guinea focused company as it develops its PNG oil and gas project.

Dr Hewson said there was considerable potential within Larus Energy's asset in PNG.

"The company is well positioned to develop and commercialise its assets," Dr Hewson said.

Dr Hewson is currently working alongside local financial interests and banks in bidding to build a gas fired power plant and a biochar project in PNG.

Larus Energy's chairman Kay Philip will step down from the board at the end of 2012.

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