Subscribe to RSS feedExxonMobil’s PNG LNG project boosts capacity
by
Martyn Wingrove, London
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last modified
Oct 29, 2009 03:42 PM
US OIL major ExxonMobil has increased the production capacity – and the cost – of building its proposed Papua New Guinea liquefied natural gas project.
The world’s largest oil major and its partners will have to spend another US$2.5bn in the first LNG project in Papua New Guinea after the estimated costs climbed to US$15bn.
ExxonMobil increased the costs and raised the expected production...
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