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Exxon expects Papua New Guinea LNG project to restart in May

Reuters  |  NEW DELHI 

By Sudarshan VaradhanNEW DELHI (Reuters) - ExxonMobil Corp expects to restart production from its Papua New Guinea liquefied natural gas (LNG) project at the start of May after it was shut following an earthquake in February, ExxonMobil LNG Vice President Emma Cochrane said on Wednesday.The $19 billion LNG facility, opened in 2014 in a remote location in one of Asia's poorest and most politically troubled countries, has been closed since the powerful 7.5 magnitude earthquake.The project is considered one of the world's best-performing LNG operations, despite the challenge of drilling for gas ...

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First Published: Wed, April 11 2018. 17:29 IST
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