PricewaterhouseCoopers
ABN 52 780 433 757

Freshwater Place

2 Southbank Boulevard

SOUTHBANK VIC 3006

GPO Box 1331L

MELBOURNE VIC 3001

DX 77

Website:www.pwc.com/au

Telephone

Facsimile

CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the use in this Annual Report on Form 40-F and the incorporation by reference in the Registration Statements on Form S-8 (No. 333-124167), Form F-10/A (No. 333-120383) and Form F-10/A (No. 333-124641) of Interoil Corporation of our report dated March 31, 2006 relating to the consolidated balance sheet as of December 31, 2005 and the consolidated statements of operations, shareholders’ equity and cash flows for the year ended December 31, 2005, which are incorporated by reference to Exhibit 4 of the Annual Report on Form 40-F dated March 31, 2006.

/s/ PricewaterhouseCoopers

PricewaterhouseCoopers
Melbourne, Australia
March 31, 2006