Exxon Leaning Toward PNG LNG Expansion

摘要

Exxon Mobil prefers to use natural gas fields in Papua New Guinea owned by InterOil to expand the country's $19 billion PNG LNG gas-export project, rather than build a second export facility, a senior Exxon executive said last week. Exxon has begun exclusive talks with Houston-based InterOil to invest in the latter's gas assets in Papua New Guinea. However, it didn't specify at the time whether the assets would underpin a new LNG plant, or support an expansion of the PNG LNG project.