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ExxonMobil ships first cargo from PNG LNG project


Published May 27, 2014
ExxonMobil

Exxon Mobil Corporation said it shipped the first cargo of liquefied natural gas (LNG) from the $19 billion PNG LNG project ahead of schedule.

PNG LNG, operated by ExxonMobil affiliate ExxonMobil PNG Limited, is expected to produce more than 9 trillion cubic feet of gas over its estimated 30 years of operations. The first cargo is bound for LNG customer Tokyo Electric Power Co. Inc. (TEPCO) in Japan.

Production from the first train started in April and production from the second train has also started as additional wells came online.

Tags: Exxon Mobil Corporation




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