ExxonMobil and Total Sign Agreement with Papua New Guinea for LNG Project

摘要

On April 9, ExxonMobil Corp. and Total SA announced that they have signed an agreement with Papua New Guinea for the Papua LNG Project. The project is expected to have a capacity of 5.4 mtpa, and will have two LNG trains of 2.7 mtpa capacity each. The gas production will be operated by Total and the LNG plant will be developed with the ExxonMobil-operated PNG LNG project through an expansion of the existing plant in Caution Bay.