Papua New Guinea on Friday called off negotiations with Exxon Mobil regarding th...
- Papua New Guinea on Friday called off negotiations with Exxon Mobil regarding the P’nyang gas project, casting a shadow on a $13 billion plan to double the country’s gas exports by 2024.
The P’nyang field was key to helping feed the expansion of Exxon’s PNG LNG plant, which it operates with partners Oil Search and Santos, among others. The country is hoping Total will still go ahead with its Papua LNG project, a person close to the negotiations said.
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