TRADE AND COMMODITIES

ExxonMobil’s PNG LNG project boosts capacity

US OIL major ExxonMobil has increased the production capacity – and the cost – of building its proposed Papua New Guinea liquefied natural gas project.

Sesa Goa sees surge in China exports

SESA Goa, India’s biggest iron ore exporter, will more than triple production following a rebound in prices and demand from China and a move to diversify into making steel.

Beef imports ban set to go

THE FEDERAL Government is to relax the beef import rules it implemented after several countries reported cases of “mad cow disease” earlier in the decade.

BHP breaks iron ore

BHP Billiton has announced a record iron ore production level of 30.1m tonnes in the third quarter of 2009.