ExxonMobil’s PNG LNG project started operating at full capacity of 6.9 mtpa in late July.
The plant consists of two trains and according to Oil Search, which owns a 29 percent stake in the US$18.8 billion LNG project, undeveloped gas in the existing portfolio can support at least two additional LNG trains.
The LNG project is a joint venture between ExxonMobil (33.2%), Oil Search (29.0%), National Petroleum Company of PNG (PNG Govt) (16.8%), Santos (13.5%), Nippon Oil (4.7%), MRDC (PNG Landowners) (2.8%).
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