Investors weigh in on PNG's natural gas project
Partners in the Papua New Guinea liquefied natural gas project have started awarding contracts for the marine work on the new LNG export terminal, just a day after making the final decision to invest US$15bn in the development.
ExxonMobil: Quick to let PNG LNG contracts.
ExxonMobil, with Australian companies Oil Search and Santos and Nippon Oil of Japan, expect to start exports from the new 6.6m tonnes per annum LNG plant at the end of 2013 or early 2014.
The partners are in the process of...
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