(EnergyAsia, July 5 2012, Thursday) — NYSE-listed InterOil Corp said it is separating the roles of chairman and chief executive and added two members to its board including a former Prime Minister of Papua New Guinea.

The company, which is focused on developing oil and gas projects in Papua New Guinea, said Rabbie Namaliu, who was the country’s Prime Minister from 1988 to 1992, and investment adviser Samuel Delcamp have joined the board, boosting its membership size to eight.

The moves were clearly designed to smoothen Interoil’s implementation of its US$6 billion liquefied natural gas complex in Papua New Guinea which has run into political difficulties in recent months, culminating in the PNG government’s decision to cancel the project in May.

Phil Mulacek will remain CEO but will relinquish his positions as chairman to another board director, Gaylen Byker.